Brexit: Five charts to show how the vote has hit investors
One year on from the shock of the Brexit referendum and the UK’s decision to leave the EU, we delve into the data to find out exactly how the result has hit investments.
Macro News
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Aberdeen: Embrace alternatives or miss out on returns
Aberdeen Asset Management has warned that investors face lower returns over the next 10 years if they do not start to embrace alternative asset classes.
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76% of UK investors refuse costly financial advice
Three-quarters of UK investors would refuse to pay for financial advice, a survey by Legg Mason Asset Management has revealed.
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Managers welcome MSCI’s long-awaited China A-shares decision
Asset managers believe MSCI’s inclusion of China A-shares in its emerging markets indices will increase investment options in the developing economy, but say the decision was long overdue.
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Ashburton: Oil prices can still rise to $60 a barrel this year
As oil prices slumped to yet another low on Tuesday, Ashburton’s Richard Robinson argued now is the time to take advantage of the “significant opportunity” before prices soar by the end of this year.
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Sterling plummets on Carney rate hike rejection
Sterling fell on Tuesday morning in reaction to Mark Carney’s claim that “now is not yet the time” to hike interest rates in the UK.
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Sterling spikes after ‘tectonic shift’ in BoE monetary policy
The pound bounced back from its post-election lows after it emerged this afternoon the central bank’s monetary policy committee were not unanimous on discounting a rate rise.
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Doubts cast over Fed’s ability to raise rates again in 2017
Deteriorating conditions in the US economy have cast doubts over the likelihood of a second rate hike from the Federal Reserve this year.
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Tech sell off not the end for FAANG
A recent nosedive in the prices of technology stocks does not spell the end for the sector, fund managers have said.
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Godber prepares to sell after ‘unknown’ election consequences
Last week’s general election result will have plenty of consequences for investors despite fund managers’ claims it has not affected their allocation, Polar Capital’s George Godber has said.
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Fund industry profits shrink as higher costs and passives bite
Worldwide profits for traditional mutual fund groups fell by close to 3% in 2016, despite higher assets under management, according to a report by McKinsey.
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Wealth managers dismiss ‘little local’ UK election
Wealth managers have dismissed the suggestion that the “little local issue” of Thursday’s UK general election will lead to any sweeping portfolio changes in the aftermath of the results.