The CEOs of Man Group and Schroders have outlined what they expect from the final quarter of 2020, which is set for “messy markets” amid the US election and the end of the Brexit transition period.
Speaking at last week's City Week conference, CEO of Man Group Luke Ellis and CEO of Schroders Peter Harrison agreed Q4 is likely to encompass a lot of volatility in global markets owing to the uncertainty that lies ahead. Ellis said: "The reality is the next three months are going to be an extremely noisy period. Between the election in the US and Brexit, politics is going to dominate markets through the end of the year, and those are always messy markets." Beleaguered UK equity markets still face uphill Brexit battle With the transition period coming to an end on 31 December,...
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