Currencies

Outlook for GBP has changed

Currency risk a ‘zero-sum game’

Transition would be complex

A 'major step'

Three synthetic settings remain

End of the European banks’ ‘ice age’

Best-performing G10 currency

With interest rates at multi-year highs, investors can’t miss out on the cash opportunity.

Banking crisis had an impact

With rising interest rates, flat returns from equity markets, and an unfriendly economic backdrop, cash is back on the agenda.