Terry Smith, an global equity fund manager from the UK, has said he will vote to leave the EU on 23 June.
Category: Europe
Now there’s a villain, Brexit drama can really begin
‘Extraordinary’ was how a number of commentators described the scenes in the House of Commons on Monday during the debate about whether or not Britain should remain in the European Union.
Fearful Belgians clutch at Draghi
Belgian fund buyers, once Europe’s most upbeat, have turned negative on most asset classes, and they have been hoarding cash. European equities is the only long-only asset class holding out against the Belgian bearishness.
UK equity star manager laidback about Brexit risks
Neil Woodford, the UK equity star manager, has said he believes the United Kingdom’s economy would not be adversely impacted by leaving the European Union, with temporary currency weakness is the only real issue.
ETF investors face hangover after 2015 binge buying
European equity ETFs saw record inflows in 2015, according to Morningstar data. However, it has now turned out ETF investors only joined the party once the happy hour was over. Investors who put their money into a MSCI Europe ETF a year ago are now having to cope with a loss of 12.4%.
When banks bleed, everybody feels the pain
There were many lessons to be learnt from the financial crisis in the latter part of 2008 and we have been given a timely reminder of one of the biggest.
Up to 15% of Ucits equity funds are index huggers, says Esma
Between 5 and 15% of active Ucits equity funds could be index huggers, the European financial services regulator Esma has concluded after it analysed the performance of a set of 2600 of such funds compared to their benchmarks, for the period 2012-2014. This is strong enough evidence for the regulator to take further action, said Esma’s chair Steven Maijoor.
Asset managers keep faith in European equities
The bears have gone back into hibernation, and European equities will return in excess of 5% in the remainder of the year. That’s the almost unanimous opinion of international asset managers.
Are we seeing central banks’ last roll of the dice?
Equities markets around the world climbed sharply on news of Japan’s surprise decision to cut interest rates into negative territory.
Are European equities still the promised land?
As we start 2016 there is at least one thing which is strikingly similar to the same time last year.
