Following 100 days of US President Donald Trump’s administration and his ever-changing tariff plans, companies are now “unwilling or unable” to make long-term plans.
This is according to Fabiana Fedeli, M&G Investments' chief investment officer for equities, multi-asset and sustainability. Fedeli said that Trump's moves have caught companies and the market unprepared. Spring sunshine boosts retail sales by 0.4% but UK 'not out of the woods yet' "The breadth and depth of these tariffs have caught the world by surprise," the CIO said. "Companies have been making statements [to the ISM] about the unwillingness or inability to sign long-term contracts or make long-term plans. That is a very slippery slope." This was backed by Andrew Chorlton,...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes