European Union

Nearly four months have passed since the European referendum and we have read many refer to the current period as 'post-Brexit', writes James Sullivan, director and senior fund manager at Coram Asset Management.

Tim Mortimer, managing director at Future Value Consultants, explains how the requirement for asset managers to display future performance simulations on their fund literature under PRIIPs regulations has created problems.

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).

It is probably not an overstatement to suggest the UK is facing the biggest challenge for 70 years.

Three options

Providers could require more time

Successful motion passed in EU last week

Apple and Irish government disputing claims

Now the UK's Brexit referendum is old news, Europe's troubled peripheral economies are once again under the spotlight as political deadlock in Spain and Greece's growing debt burden cast a shadow on their recovery prospects.

Political risk is on the rise, warns Miton's Anthony Rayner, with economic stagnation and voter dissatisfaction unlikely to disappear any time soon.