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Brexit
Gold ETFs Net €3bn Safe Haven Inflows in 3 Months
Market News -
The European exchange-traded-fund market netted in close to €8 billion of new money in the second quarter of 2016. This represented a decline from the €11 billion of net inflows registered in the first quarter. Assets under management at the end of the second quarter amounted to €482.4 billion; a 4.2% increase from €462.9 billion at the end of the previous period. Given the general investment environment in the second...
What Investments Should You Be Buying After Brexit?
Market News -
On Friday June 24 assets across the globe plunged as the news that the UK had voted to leave the European Union met markets. But the pain was short-lived, just one week later the majority of investments had rallied to regain their losses. The FTSE 100, gilts, global equities and commodities are now at higher levels than before the referendum result – although both sterling and UK mid-cap stocks have lost value since June...
Brexit: UK Businesses Prepare to Cut Investment and Jobs
Market News -
Brexit A third of UK businesses are planning investment and hiring cuts in the wake of a Brexit vote, a new survey from a leading UK commerce organisation has found. The poll from Institute of Directors surveyed more than 1,000 of its members following the Brexit result. The poll found that more than a third of businesses participated in the survey said they will cut investments following the news Britain will leave the European...