The UK faces increased economic uncertainty and potentially lower growth. Meanwhile, the weak pound may lead companies to raise prices to offset higher input costs, writes Tineke Frikkee, manager of the Smith & Williamson UK Equity Income fund.
Focus on multi-asset and fixed income products
Smith and Williamson's Mark Boucher assesses the strength of the UK market after the recent global sell-off.
Warning on China and Europe
Smith and Williamson's James Burns has said that value is beginning to re-emerge in the investment trust sector, after discounts significantly narrowed at the end of last year.
Former Signia Wealth director Ollie Murray has joined Smith & Williamson as an associate director in its investment management business.
Smith & Williamson has hired two former co-leads of global equities at Pictet to take over its American trust as Tana Focke retires after 20 years at the helm.
Canaccord Genuity's Lucy Mitchell has joined Smith & Williamson as an associate director tasked with developing its discretionary proposition.