The biggest concern would be if the winning candidate manages to get control of both houses. According to Nick Clay, manager at Newton Investment Management, a subsidiary of BNY Mellon IM group, if that were to happen, then radical policy changes could be set in motion.
Risk aversion rose over the recent days as Election Day approaches in the U.S. and the
gap between Clinton and Trump in the polls has narrowed. During the period under review,
both equities and bonds delivered negative returns, while credit spreads widened and
energy commodities fell markedly.
Most developed market yield curves have suffered bear steepening over the past few weeks, despite quantitative easing (QE).
This statement is directed to oil and gas companies that have been involved in oil
exploration in the Arctic, as well as Arctic Council members.
Assets managed by the world's largest 500 asset managers fell in 2015 for the first time since 2011, according to the Pensions & Investments / Willis Towers Watson World 500 research. Total assets under management (AUM) were down 1.7% to US$ 76.7 trillion at the end of 2015, compared to US$ 78.1 trillion the year before.