A raft of pulled IPOs in October point to a more rational environment for new listings, managers suggest.
‘Expectations for the UK are getting ahead of themselves’
FTSE 100 earnings may grow by as little as mid-single digits next year, but inexpensive P/E ratios mean buying on the dips still makes sense, according to Old Mutual Global Investors' Richard Buxton.
Brazilian equity markets tumbled today after incumbent president Dilma Rousseff won a second term by a narrow margin.
Investors calling an end to the US bull market are wrong, says OMGI's Ian Heslop, as overall volatility would have to be far higher to signal an end to the growth momentum that has powered US equities.
The bad news continued for embattled retailer Tesco yesterday after its credit rating was downgraded by two key agencies.
Markets across Europe have rallied this morning following confirmation the European Central Bank (ECB) has started buying covered bonds.
Shares in Tesco topped the FTSE 100 leaderboard in morning trading, providing some relief for investors as the wider market slipped back once again.
Japanese equities tumbled last night after a second day of market volatility, but the move in Asia failed to drag UK markets lower this morning as traders drew a line in the sand following savage falls over the past week.