Investment
Macro Views | 24 Jun 16
Calm heads needed as Leave vote sends complacent markets spiralling
Markets were stunned into action on Friday morning after the UK voted narrowly to leave the European Union. Sterling slumped to its lowest level since 1985, safe haven assets jumped and the Nikkei fell almost 8%, while the FTSE opened 6.7% lower.
Investment | 24 Jun 16
Less than a quarter of HNWs invest offshore for tax reasons
Only 23.2% of global high net worth (HNW) wealth is invested offshore for tax reasons, according to financial services research and insight firm, Verdict Financial.
Investment | 22 Jun 16
ANALYSIS: A masterclass in short-termism
As the clock ticks ever closer to 7am on Friday, the time slated for the release of the official results of the UK’s referendum on EU membership, the financial world’s focus is being honed to an ever finer point as participants hold cash and their breath ahead of the vote.
Investors take refuge in the dollar
European investors hoarded cash in May. As Brexit-induced uncertainty dominated markets, they poured a net €14bn (£10.8bn, $15.8bn) into USD money market funds, according to Lipper fund flows data.
Emerging Markets | 22 Jun 16
Bouncing back: the changing fortunes of emerging markets
This year has marked a turnaround in the fortunes of emerging markets, driven by an increase in global risk appetite, a hike in commodity prices and an easing of concerns over the slowdown in the Chinese economy.