Europe
Brexit-linked volatility to have big impact on Europe funds
A vote by Britain in favour of leaving the European Union at the upcoming referendum on June 23 is likely to increase credit default spreads, dividend yields and volatility across Europe, according to research firm PureGroup.
Alternatives | 2 Jun 16
EU looks to improve access of cross-border Ucits and AIFs
The EU has launched an investigation into the barriers blocking the distribution of Ucits and Alternative Investment Funds (AIFs) in a bid to increase the take up of the products across its 28 member states.
Nearly a quarter of UK advisers to vote Brexit, says Apfa
Around 24% of financial advisers in the UK will vote for Britain to leave the European Union, research from the Association of Professional Financial Advisers (Apfa) shows.
European investors rush out of equities into corporate bonds
European investors have been selling out of equities this year and have piled into credit instead. Net monthly inflows into corporate bond funds and ETFs reached an all-time record in April, according to Morningstar data.
Brexit vote unlikely to hit financial advisers in short term
Political and economic uncertainty surrounds the outcome of the UK referendum on 23 June, but the initial impact on the business of financial advisers, even if there is a vote to leave, could take some time to be felt, according to industry observers.