Considers new asset classes
Passive providers could do everything their active peers do with a little creativity and more joined up thinking, writes David Stevenson.
Three months on from the Brexit vote that sent shockwaves through the City, asset and wealth managers have had time to reflect on the result, which is now being seen more as another headwind for the sector, rather than a game-changer.
Equity markets globally currently remain vulnerable to sharp shifts in sentiment, caused by either unexpected or unwelcome outcomes in key upcoming political events (US and German Elections, Brexit and Italian Referendum).
Says political risk has heightened
Value investors have been forced to endure a prolonged period of underperformance, as extreme market dislocations caused by central bank policies have boosted the appeal of growth counterparts.
After a summer which was surprisingly quiet by the standards of recent years, we may be at the point of significant change in the direction of markets.
BoE action fuels demand for gilts
Apple and Irish government disputing claims