Investment
Macro Views | 4 Aug 16
BoE cuts rates to 0.25%, turns on QE tap
The Bank of England’s monetary policy committee has cut interest rates to 0.25%, and committed to a new term funding scheme to “reinforce the pass-through” of the decision into the broader market.
No Brexit shockwaves in China markets, HSBC GAM says
Brexit has not had an impact on China’s markets, and valuations are historically cheap, according HSBC Global Asset Management.
Emerging Markets | 3 Aug 16
The EMpire strikes back?
The outlook for emerging markets is becoming more stable as falls in currency, oil and other commodity prices – added to a soft landing for China – continue to ease, argues Tai Hui, chief market strategist Asia at JP Morgan Asset Management.
Alternatives | 2 Aug 16
Malta-based Investedge Ucits Sicav offers new currency fund
Maltese-registered Investedge Ucits Sicav has launched its first sub fund, which is targeting 7-12% annual returns from trading in major foreign currency markets.
Referendum uncertainty triggered £3.5bn net outflow
The uncertainty stemming from the United Kingdom’s referendum on European Union membership was the main driver of a £3.5bn ($4.6bn, €4.1bn) net outflow from UK asset managers in June, according to the Investment Association.