Large cap dispersion providing exciting opportunity – Wharrier
The potential for shares to become mis-priced is greater now than at any point in my career, said Mark Wharrier, manager of the BlackRock UK Income Fund.
Macro News
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Migration crisis could increase market volatility, says RBC’s Carrier
The European refugee crisis could cause a rise in market volatility, said Frédérique Carrier, director of European equities at RBC Wealth Management.
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Asia sees huge outflows from mixed asset
About $105bn flowed out of mixed asset products in Q3, and total net flows from retail investors were down by more than half, according to data from Strategic Insight.
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Markets cautious as BoJ keeps QE on hold
A year after the decision to increase its quantitative easing programme the Bank of Japan (BoJ) voted on Friday, by a majority of eight to one, to leave its policy unchanged at ¥80trn a year.
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Hawkish Fed spurs on December rate hike expectations
An upbeat Fed has caught markets by surprise, reinforcing the high probability of a rate hike in December, according to commentators.
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Rate cuts help Chinese RE, but risk remains
The Chinese real estate market should improve in the fourth quarter, following a series of interest rate cuts, sources said.
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Room for optimism as UK GDP disappoints
UK GDP fell to 0.5% in the third quarter, the Office for National Statistics estimated on Tuesday, lower than the 0.6% many analysts had expected and down from 0.7% in Q2.
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China cut, lifts markets, fuels growth fears
The People’s Bank of China announced its sixth rate cut of 2015, lowering interest rates for one year lending and deposits by 0.25 percentage points to 4.35% and 1.5% respectively.
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Mixed earnings reports reinforce Fed’s wait-and-see approach
Q3 earnings season is still in its infancy, but already there are signs to be read from them, says Twentyfour Asset Management’s Gary Kirk, especially in terms of next week’s FOMC meeting.
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China GDP surprise does little to lift markets
China announced higher than expected gross domestic product growth of 6.9% overnight, but markets in the United Kingdom and elsewhere in Europe were unimpressed.
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Harris: Unwind of long dollar trade will be “violent and sustained”
A weakened dollar will be a boon for commodities, despite ever present deflationary threats in the global economy, according to City Financial’s Mark Harris.
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China’s middle class now largest worldwide
Funds that focus on China consumption are among those that should benefit from the expanding Chinese middle class, which has overtaken the US to become the world’s largest.