Nicolas Walewski, manager of the Alken European Opportunities fund, analyses the prospects for Europe's auto sector, which has been one of the poorest performers in Europe this year.
It remains difficult to interpret pre-and post-Brexit trends but much of the latest data points to a resilient economy, with high employment and signs the housing market and consumer spending have weathered the initial storms.
JPMorgan trusts leading the winners
Investors pulling out of UK equities and property
During Investment Week magazine's short summer break, the impact of the Brexit referendum on asset management businesses in the first half of the year was revealed in all its gory detail.
First it was the stockmarket and now it is household spending: financial and economic trends are defiantly failing to develop as predicted.
Criticizes Remain campaign forecasts