One of many issues affecting stockmarket
Increasing uncertainty
Steel has been a prominent fixture in the news in recent weeks but for all the wrong reasons, writes Canada Life Investment's Duncan Mackay.
How have they performed?
Compounding the gloomy outlook among investors is the ratcheting up of event risk. Brexit is looming largest, driving down sterling and threatening a period of sustained instability.
Signs of price stabilisation
To focus on flexible equities strategies
Equities already entered a bear market
Increased weighting by 50% in four months