The UK remains very much out of favour, with only Russia and Brazil performing worse year-to-date, and asset allocators still reluctant to look at UK equities, which are even cheaper than they were a year ago.
As the UK reinvents itself as an independent sovereign state – but with an EU trade agreement in place – just what will this mean for business, investment and the wider economy in both markets? Here BNY Mellon Investment Management firms share their thoughts.
With Joe Biden finally confirmed as the 46th US president (Trump legal challenges notwithstanding), GAM Investments fund managers consider the possible implications for their respective asset class.
The report authors see fears of rising inflation as exaggerated and are more concerned that the post-COVID-19 world will be one of sluggish growth and barely visible inflation.