ANALYSIS: Playing the contrarian post China rout
With global equities return forecasts reasonable at best, a dearth of exciting ideas may leave investors looking for contrarian plays.
With global equities return forecasts reasonable at best, a dearth of exciting ideas may leave investors looking for contrarian plays.
Journalists love conflict. It sells newspapers. It gets people tuning in to radio and TV. Which is why we are so quick to frame something as a battle between two diametrically opposed sides.
Western expatriates are staying longer in the Middle East and, while the use of long-term life products still dominates the market, the length of the contract is falling and more money is flowing into mutual fund platforms, Invesco said.
Data out from the Association of British Insurers and the Office for National Statistics in the past few days should have asset managers rubbing their hands with a mixture of excitement and trepidation.
The UK Government’s decision to launch a review of the financial advice market could lead to some dramatic changes in the way financial planning is delivered to clients in the future.
The launch of a new UK trade and its stated aims and concerns, gives IFAs a chance to shout louder for the balance between the industry and the regulator to be redressed.
Given how many clouds there are around at the moment, silver linings are pretty hard to come by.
Mark Carney has, according to the Sunday Times, told fund managers to prepare for a mass sell-off in stocks and bonds that could be triggered by a Bank of England rate hike.
Conjecture over the timing of the first UK rate rise is becoming almost as routine as the industry’s misplaced adaptation to the ‘abnormal’ 0.5% rate presently in place.
New European succession regulations, known as Brussels IV, which come into effect on Monday, will have an impact on both UK residents with property in other EU states and UK expatriates resident in other EU states, says Tony Mudd, divisional director, tax & technical support at St. James’s Place.
Jean-Sylvain Perrig, chief investment officer of private bank Union Bancaire Privée gives his view on the Chinese market, suggesting investors should avoid exposure to yuan-denominated securities.
There has been a lot of conventional wisdom bandied about over the past few days in relation to China’s loosening of the renminbi peg.