US government shutdown sees pound climb
The prospect of a US government shutdown has seen the pound climb to its highest level against the dollar since Brexit, while cryptocurrency Bitcoin continues to decline.
Macro News
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Orbis: Government bonds are the asset to avoid
Government bonds are “frighteningly risky” and the assets to avoid according to Ashley Lynn, an analyst at Orbis Investment.
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Lloyds Private Bank: Confidence in UK assets returns
Investors warmed toward UK asset classes in January, as general sentiment touched its highest level in eight months according to the latest findings from the Lloyds Private Bank Investor Sentiment index.
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Coutts’ Higgins: ‘Very dangerous’ to shun equity bull run
It is “very dangerous” for investors to be out of equities at this late stage in the US cycle, Coutts’ Alan Higgins has warned.
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Blackrock: Active vs passive should be a thing of the past
The active versus passive debate could be history by 2025, according to Blackrock’s Joe Parkin.
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Managers begin 2018 in bullish mood
Global fund managers have begun 2018 in bullish mood, dropping cash balances to a five-year low and increasing equity exposures to a two-year high, according to the latest BofA Merrill Lynch Fund Manager Survey.
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UK inflation falls for the first time since June
Having hit 3.1% in November, the Consumer Prices Index (CPI) 12-month rate fell to 3% in December, prompting suggestions UK inflation may have peaked.
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Nordic fund selectors look to Asia, GEM over European equities
Demand for European equities is the lowest from Nordic fund selectors as they turn their interest towards Asia and emerging markets, according to Expert Investor.
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US core inflation hits 11-month high
December saw the largest increase in US inflation in 11 months, according to the latest consumer price inflation (CPI) data from the Bureau of Labor Statistics.
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Around the world with BMO GAM’s multi-asset team
As we settle into the new year, wealth managers are deciding on the best places to put their cash. Here, the EMEA multi-asset investment team at BMO Global Asset Management assesses the case for investing in Europe, UK, US and China.
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JP Morgan’s Ward: Deflation risks to weigh on ECB
Inflation, or the lack of it, especially in Europe, is one of the biggest uncertainties facing the markets in 2018, according to Karen Ward, the new chief market strategist for UK and Europe at JP Morgan Asset Management.
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Advisers resist upping passive exposure
Active funds remain advisers’ top product of choice when building portfolios after research found more than half invested less than 20% of client money into passive funds.
