Not only wholesale investors have reduced risk in the run-up to today’s Brexit referendum. Institutional investors, who are supposed to take more long-term views, have also moved to protect their portfolios.
Worries about the consequences of Brexit have prompted many fund buyers to increase their allocation to cash and hedge their long positions. However, some put some risk back on at the end of last week as polls swinged back towards ‘Remain’.
European fund buyers believe Britain will vote to remain in the European Union on Thursday. Investors from the Nordic countries are especially convinced the status quo will prevail.
With the Brexit referendum now less than a week away, it’s time to ask the question whether the risks associated with a Leave vote are now more or less priced in or whether it does still pay to hedge your exposure to European equities and sterling.
Retail investors expect their investments to produce an income far beyond what they can reasonably hope for, according to the annual Schroders Global Investor Study.
While investors reach for their hard hats ahead of the EU referendum, they should also prepare for potential bargains – whichever way the vote goes – on 24 June.
For the third time since 2013, the US index provider rejected the inclusion of China A-shares in its flagship emerging market indices, highlighting key unresolved issues.
News of Microsoft’s LinkedIn acquisition has generated mixed views over its merit.
Record-low interest rates are the number-one risk to investors, even if they stay at their current levels, said Greg Woodard, who is part of the management team of the GAM Star Global Quality Fund.
Wealth managers’ profits have come under attack from rising costs, increasingly demanding clients and ever more regulation. But, argues the Boston Consulting Group, there are a few key ways to weatherproof one’s business.
Bond ETFs remained popular with investors globally last month while outflows from equity trackers continued apace. According to data from Blackrock, European investors poured $2.6bn (€2.3bn) into fixed income ETFs in May.
The five European equity funds that managed to finish top-quartile for the past three consecutive years do not have a great deal in common. But there’s one feature they (almost) all share.
