While investors should be wary of macroeconomic factors impacting UK equities and sterling in the short term post-Brexit, the microeconomic consequences could be bigger in the long-term, according to Stephanie Flanders, JP Morgan Asset Management’s chief market strategist for Europe.
The FTSE 100 climbed 2.6% by mid-morning on Monday following the release of remain-friendly referendum polls over the weekend.
The FTSE 100 experienced a respite in the Brexit inspired sell-off and recovered some of its recent lost ground this morning.
Legg Mason’s Bill Hench talks about his love of the small cap universe, investing in individuals and how the US is set to lift the global economy
Retail investors expect their investments to produce an income far beyond what they can reasonably hope for, according to the annual Schroders Global Investor Study.
Courtiers has been selling down some of its long position on the US dollar to bank profit generated by the rising probability of Brexit.
Investors should have confidence in Japanese equities despite the apparent macro concerns, according to French asset manager Comgest.
Damian Clarke, a former equities trader at Schroders Investment Management, has been sentenced to two years in prison for insider dealing.
Millennials expect an 11% average rate of return per year on their portfolios, despite allocating the lion’s share to cash, according to the Legg Mason Global Investment Survey.
UK equities are the most vulnerable asset class in the immediate aftermath of a Brexit, a stress test conducted by the risk modelling provider Axioma showed.
Despite the volatility of global financial markets this year and a steady decline in investment returns, confidence among the world’s sovereign wealth funds remains high, a survey by Invesco has found.
Financial markets have lacked direction in recent months, with the main equity indices all very close to where they were at the start of the year. Macroeconomic data are not strong enough to reinvigorate the bull market, yet not sufficiently weak to stoke fears of recession.
