sterling

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.

Becoming more bullish on sterling

Risen 4.8% in November

Royal London Asset Management (RLAM) Equity Income fund manager Martin Cholwill believes there is a danger of investors concentrating too heavily on pension deficits when looking at UK companies - despite the fact deficit figures have spiralled in recent...

Uncertainty about what Trump may do

Increased demand for currency diversification

UK income hunters face headwinds of historical proportions: 10-year gilt yields hit an all-time low of 0.5% on 12 August, accompanied by a similarly record-breaking feat from sterling corporate bonds of 2.3%.

'Temporary phenomenon'

As we have clearly seen in the UK this year, as equity markets go up, yields go down.