Since the announcement of the vote for Brexit at the UK referendum, long-term interest
rates have plunged to record lows across all major currencies. The US 10-year interest rate
hit an all-time low of 1.32% on July 6, before rebounding to 1.47% on July 12. But are
these levels sustainable?
Glen Finegan, Head of Emerging Market Equities, provides a detailed update on the Henderson Emerging Markets Strategy, covering recent market drivers, performance and activity, and his outlook for the asset class.
The British electorate's decision to leave the European Union
in the June referendum has roiled markets worldwide. It has
clouded prospects for the UK and world economies, and threatens
the future of the European project.
Richard Turnill, BlackRock's Global Chief Investment Strategist discusses how the British vote to exit the EU has spurred a flight to safety, potentially creating opportunities. According to its commentary, with most asset valuations looking fair to expensive, however, it's important to focus on relative valuations.
Results from the UK's referendum on membership of the European
Union (EU) indicate that voters have decided the UK should leave the
EU. This result is likely to have wide political, economic and financial
market repercussions, leading us to alter our economic and market
forecasts and, potentially, our asset allocation.