Rosemary Banyard: Are investors taking more risks than they realise?
Rosemary Banyard, manager of the CFP SDL Free Spirit fund
January is the time when commentators opine about the direction of markets and likely macroeconomic trends in the year ahead. They may not focus on certain regulatory and accounting changes which will impact the UK equity market in 2018.
The first of these, MiFID II, is already upon us, but the ramifications will unfold as the year proceeds. The number of sell-side analysts is widely expected to decline as research payments fall. Coverage...
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