Hendry: Brexit expands investment choice
The investable universe post the Brexit vote has expanded greatly and is “ripe” for barbell strategies, despite a likely UK recession, according to Eclectica’s Hugh Hendry.
- News
-
- Analysis
-
- Investments
-
-
-
Top story
-
-
-
- Video
-
Macro News
-
-
Just 12% of millennials use financial advisers, says fintech app Bud
Millennials are more likely to turn to robo-advice than a financial adviser for help with their personal finances, new research suggests.
-
Sterling leaps as PM appointment soothes markets
Sterling leapt 1.4% today as markets welcomed the restoration of some stability in British politics following the referendum on European Union membership.
-
Moody’s cuts UK growth forecasts
Moody’s Investors Service has downgraded its forecasts for UK growth on the back of Brexit uncertainty.
-
Asset managers at different stages of Brexit readiness
If the UK leaves the European single market following the Brexit vote, UK-based companies risk losing their financial passporting rights.
-
US manufacturing climbs but not out of the woods
United States production volumes, new orders and employment reached their highest levels in three months this June, but political and economic uncertainty is still a threat to business, according to Markit.
-
Carney sends pound lower and FTSE up with rate cut hint
Bank of England governor Mark Carney has indicated an interest rate cut and other new stimulus measures are on the cards.
-
Is gold starting to glitter again?
Pictet Asset Management is overweight gold as concerns grow over political risks and the US dollar, said chief strategist Luca Paolini.
-
S&P downgrades UK sovereign credit to AA
S&P has downgraded the UK’s sovereign credit ratings on the back of the country’s decision to leave the European Union.
-
UK real estate drop may be cushioned by monetary policy easing – Aviva
The drop in UK real estate value triggered by Brexit could be mitigated by easier monetary policy, said Chris Urwin of Aviva Investors.
-
Pound hits new low despite Osborne’s intervention
George Osborne broke his silence on Monday in an attempt to soften the blow to sterling and calm markets, but the pound dropped against the dollar to a fresh 31-year low of $1.3218 in morning trade.
-
Brexit stokes pension fears and uncertainty among expats
British expats living overseas face a period of uncertainty around retirement plans after the UK’s shocking decision to leave the European Union on Friday, according to IFA firms around the world.