Three months on from the Brexit vote that sent shockwaves through the City, asset and wealth managers have had time to reflect on the result, which is now being seen more as another headwind for the sector, rather than a game-changer.
Money still leaving active equities
Bowie, Brexit and Bake Off - 2016 has already delivered a number of shocks. Fretful investors could therefore be forgiven for seeking investments that are as safe as houses.
Upgraded UK and European forecasts
Equity markets globally currently remain vulnerable to sharp shifts in sentiment, caused by either unexpected or unwelcome outcomes in key upcoming political events (US and German Elections, Brexit and Italian Referendum).
Kepler Partners' Pascal Dowling analyses how an already 'politically fractured' Europe will cope with a number of elections in the coming year and highlights the European-focused investment trusts positioned to capture the opportunities from a sell-off...
Micro caps were predicted to fall
It is probably not an overstatement to suggest the UK is facing the biggest challenge for 70 years.