Asset managers are facing difficult decisions on how to address concerns arising from the replacement of interest rate benchmark LIBOR in 2021, with some taking the option to offload certain holdings as quickly as possible to avoid any fallout from the changes.
The London Interbank Offered Rate (LIBOR) is currently the world's most widely-used reference rate, providing a benchmark for approximately $350trn worth of financial products, according to legal firm...
Proceeds being returned to investors
Uncertainty set to remain
A look at the companies disrupting sectors
Perhaps surprisingly, Europe was the second best-performing regional stockmarket in the world in the first half of 2019.