money

MiFID II has been talked about far and wide for its impact on banks, brokers and analysts.

What will 2018 be remembered for? For many in the asset management community it will be the year MiFID II, PRIIPs, KIDs and GDPR were introduced, adding to the already heavy burden of regulation.

With the European Central Bank set to stop new quantitative easing at the end of 2018 and market chatter about an interest rate increase in 2019, have prospects for the spluttering European economy and financial markets taken a turn for the worse?

UK equities continue to be buffeted by the Brexit debate, with this coming on top of a global risk-off trade sparked by rising rates in the US, the US-China trade war and other idiosyncratic events.

The challenges facing the UK economy are clear. Brexit uncertainty is affecting business and consumer confidence, while also contributing to a difficult political backdrop.

Managers reveal their top deals of the year

December stockmarket anniversaries

Ceremony in London last night

'People need more advice'

The momentum behind infrastructure equities has slowed over the last 18 months, with concerns over interest rate rises and political factors seemingly undermining the investment case for the asset class.