Brexit
BofE considers new measures to halt property fund closures
The Bank of England is looking to impose new measures in a bid to stem the flow of property fund suspensions in the wake of last month’s Brexit vote.
SSGA: Gold ETFs to remain strong in H2
Net fund flows into global gold ETFs in the first half this year have already surpassed the same period of 2009 during the financial crisis, as Brexit has created more uncertainties in the global economic outlook.
LGIM, Aberdeen levy exit penalties on UK property funds
Aberdeen Asset Management and LGIM have announced a 17% and 15% value cut on their respective commercial property funds, following suspensions on trading by the UK’s largest property funds.
ANALYSIS: UK property panic shows investment trust potential
The only thing markets like less than uncertainty is panic. Long lines of people clamouring to get their money out of an investment is never a good image.
Macro Views | 4 Jul 16
Asset managers at different stages of Brexit readiness
If the UK leaves the European single market following the Brexit vote, the country risks losing its financial passporting rights.