Bullish managers up European equity exposure
Architas’ Nathan Sweeney has doubled his exposure to European equities across the firm’s suite of active multi-asset funds following the French election results.
Macro News
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French election: Volatility warning as markets soar on Macron success
Analysts have warned the early victory of Emmanuel Macron in the first round of the French presidential election does not spell the end of volatility on the continent despite markets soaring in early Monday trading.
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Massive investor shift from US to eurozone equities
Investors’ rotation from US equities into eurozone stocks in April was the fifth largest such shift since 1999, according to the latest Bank of America Merrill Lynch fund manager survey.
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Coram: Get more ‘bang for your buck’ in ETFs
Coram Asset Management plans to shift away from actively managed strategies in favour of exchange-traded funds (ETFs) believing them to offer the most “bang for their buck”.
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Eurozone inflation hits three-month low as euro sees more losses
The March eurozone inflation figure decelerated to its lowest rate in three months as the euro lost further ground against the pound on Wednesday (19 April).
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Gold sales soar in reaction to snap election
Physical gold sales soared on Tuesday after prime minister Theresa May called a snap general election, according to The Pure Gold Company.
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Rathbones: Beware ‘innovative’ tech that could destroy wealth
Confusing innovative technology with disruptive products when investing is a “sure-fire” way to destroy wealth, investment manager Rathbones has warned.
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Markets ‘savouring’ certainty as May calls snap election
The long-term outlook for investors brightened today following Theresa May’s surprise call to hold a general election on 8 June this year.
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SG: Weak sterling aids UK deficit, but beware sour Brexit
Weaker sterling has helped reduce the UK account deficit beyond expectations, but Société Générale’s chief UK economist Brian Hilliard suspects sour Brexit negotiations will prevent it from falling too far.
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Economists warn BoE could hold rates as wages stall
Non-existent wage growth and rising inflation could put the Bank of England off any rate hikes in 2017 as the economy tightens.
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JPM: New regime on the cards for active managers?
Active managers could finally shine versus their passive rivals if equity correlations start to diverge, according to JP Morgan Asset Management.
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Miton’s Jane: Beware correction in US autos
Miton’s David Jane is seeing the US automotive sector as the next big potential headwind for the economy.