Moody's downgraded sector outlook to 'negative'
Particuarly bullish on financials
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Fund managers have warned of short-term volatility following Italy's vote against constitutional reform in this weekend's referendum, which they say could "exert a baleful influence" on the country's struggling banking sector.
Just over £6.5m raised for new venture
Will allow more access to European ABS
By Esther Armstrong, BNY Mellon Investment Management EMEA Limited