HNWs across the globe surveyed by ComPeer
Sterling's weakness after the Brexit vote should be seen in the context of longer-term concern regarding the UK's current account deficit, writes EFG Asset Management chief economist Daniel Murray.
The precipitous drop in sterling is set to boost dividend payouts from UK blue-chip companies this year. But this should not be taken in isolation by investors as a signal to buy.
Becoming more bullish on sterling
Risen 4.8% in November
Royal London Asset Management (RLAM) Equity Income fund manager Martin Cholwill believes there is a danger of investors concentrating too heavily on pension deficits when looking at UK companies - despite the fact deficit figures have spiralled in recent...
Uncertainty about what Trump may do
Increased demand for currency diversification
UK income hunters face headwinds of historical proportions: 10-year gilt yields hit an all-time low of 0.5% on 12 August, accompanied by a similarly record-breaking feat from sterling corporate bonds of 2.3%.
As we have clearly seen in the UK this year, as equity markets go up, yields go down.
Benefitted from sterling weakness
Has the currency reached a bottom yet?
Helped by weakening sterling
Due to client demand
Warning on food price inflation
Up 1.2% against the US dollar
Overseas revenues boosted
Fears over 'hard Brexit'
Pound fell 6% in two minutes
Broke 7,000 this morning
Hedge funds increase bets against pound