BlackRock's Wharrier: Investors need to protect themselves from a fall in the fired-up FTSE

How long can strong run continue?

clock • 5 min read

The FTSE 100 hit all-time highs last month, leading some to fear it may soon return to Earth with a bump, writes Mark Wharrier, co-manager of the BlackRock UK Income fund.

The UK's leading share index rocketed by almost 15% in 2016, then continued rising to reach record highs in January. This performance was the combined result of a weak sterling following the Brexit vote; more positive economic data in the UK than the market had expected; recovering commodity prices; and the market's anticipation of pro-spend policies in the UK, US and elsewhere. AXA IM's Thomas: Trump and Brexit switch on market spin cycle Many advisers question whether or not this upward trend can continue if the UK government's triggering of Brexit in March heightens uncertainty....

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot