Finding stability in a sea of uncertainty

Flexibility needed

They say that a week is a long time in politics, so when coupled with an economic storm stemming largely from political ideology, one could be forgiven for thinking we’ve all just been through a lifetime of political turmoil and skulduggery.

As public markets appear to settle, even if temporarily ahead of the UK's Budget on 17 November, assessing the landscape for private markets requires wading through reams of political statements and navigating amid clouds of uncertainty hanging over the horizon. While relative value for EUR-denominated funds may not have moved as significantly as for GBP if shopping in USD, value still remains. Notoriously fickle, the FX markets may move later in the year following the US midterms and as central banks continue with expected interest rate increases. Hunt moves to U-turn Truss invest...