Among an array of macro uncertainties, such as trade wars, protectionism, Brexit and political uncertainty, one of the principal reasons for spikes in equity market volatility this year has been liquidity. Central banks have provided unprecedented levels of liquidity to the market since the Global Financial Crisis, which has created significant distortions in valuations.
Ten years on, as central banks move to tighten monetary policy, the process of liquidity withdrawal and interest rate ‘normalisation' is reigniting equity market volatility. This situation has been exacerbated...
Countdown to 31 October
Ceremony takes place on Wednesday 20 November
Boris Johnson's arrival at Number 10 has done little to enhance UK investor confidence; he has wasted no time setting a collision course with the EU over his no-deal strategy, and members on the other side of the House of Commons.
Investors must avoid 'yield weighting' portfolios
Client fees reduced by £3.1m