Johnson Matthey’s profits boosted by Brexit
Johnson Matthey said a weaker pound following the Brexit vote has had a positive effect on operating profits, a trend it expects to continue for the remainder of 2016 and into 2017.
Brexit
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Esma gives AIF passport opinion for 12 non-EU jurisdictions
The European Securities and Markets Authority has published its advice on 12 jurisdictions seeking passporting rights for alternative investment funds (AIFs) giving seven a clear go-ahead with five others getting a qualified approval.
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Arbuthnot builds post-Brexit war chest
The sale of Everyday loans and the successful placing of a 33% stake in Secure Trust Bank have “substantially increased” the Arbuthnot’s financial resources and positioned it well for the post Brexit landscape the firm said on Tuesday.
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‘Flurry of specials’ belies Brexit uncertainty for dividends
UK dividends grew 7.6% in Q2, to a record £28.8bn, according to the latest Capita UK Dividend Monitor.
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PA OPINION: Why tomorrow’s winners are doing little today
As much as Brexit was a binary decision, are investors guilty of black and white thinking on the UK’s prospects?
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GAM claims Brexit impact on Europe ‘small’
The economic impact of Brexit on continental Europe will be small, according to investment director of European equities at GAM Niall Gallagher.
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PA ANALYSIS: A Bank of England U–turn?
The Bank of England has chosen to keep its powder dry by backing off from the interest rate cut that had been hinted at, but is this a U-turn or just minor detour?
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BoE keeps rates on hold; is QE on the cards?
The Bank of England’s Monetary Policy Committee has surprised commentators by voting 8-1 to keep interest rates on hold at 0.5%.
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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.
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Don’t give up on UK dividends
From mid-caps to life insurance companies, wealth managers and oil giants, there are still plenty of opportunities for income earning post-Brexit, argue UK equity income managers.
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Moody’s cuts UK growth forecasts
Moody’s Investors Service has downgraded its forecasts for UK growth on the back of Brexit uncertainty.
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NN IP retains US equities and real estate preferences post-Brexit
NN Investment Partners revealed this week it is retaining a preference for equities, real estate and spread products, post-Brexit.
