Fund managers have warned of short-term volatility following Italy's vote against constitutional reform in this weekend's referendum, which they say could "exert a baleful influence" on the country's struggling banking sector.
Risen 4.8% in November
Could benefit oil and gold
Due to client demand
Fears over 'hard Brexit'
Benchmark unconstrained approach
Candidates clash as campaign heats up
Rand depreciation negatively impacts profits by 16.3%
Pound could fall more than 20%
Response to demand
Oil volatility grinds lower
Dollar reverses gains
Comes amid sterling volatility
Monitoring developments in other oil-exporting nations
May face 'legal consequences'
Pound has already fallen 10%
Run by trio of managers
Conditions may worsen
Extends QE to at least March 2017
Shifts in currency and equity positions
Townsend Lansing, head of short/leveraged and FX platforms at ETF Securities, explains how currency hedging in the ETP space can be used to exploit market dislocations
Depreciating rand weighs on firm