Fell 1.6% to $1.1986 this morning
Boost from weaker sterling on Brexit fears
Guy Glover, manager of the F&C UK Property fund, gives his outlook for the sector after a turbulent 2016.
JPMAM's Andreas Michalitsianos (pictured), manager of the JPM Sterling Corporate Bond fund, discusses how investment grade corporate bonds can act as a buffer in a rising interest rate environment.
HNWs across the globe surveyed by ComPeer
Sterling's weakness after the Brexit vote should be seen in the context of longer-term concern regarding the UK's current account deficit, writes EFG Asset Management chief economist Daniel Murray.
The precipitous drop in sterling is set to boost dividend payouts from UK blue-chip companies this year. But this should not be taken in isolation by investors as a signal to buy.