We have published an analysis of the European elections examining the implications for capital markets. UK politics is polarising and with it political risk. We look at the implications for the Conservative and Labour Parties as well as the likely response from Parliament and EU If you would like a copy of the note please contact us.
Given last weeks local election results and the split within the Conservative Party investors need to take very seriously the possibility of a Corbyn victory. Our note examines the ley polcies a Corbyn led Government would likely adopt and its implications on capital markets. Please contact us for a copy.
We have published a note this morning examining the health of the UK consumer. Our conclusions are despite undoubted political and confidence risk the underlying health is extraordinarily robust. We believe we are on the cusp of a significant increase in wage growth driven by a number of factors, but notably increased labour supply shortages, continuing employment creation, accommodate monetary policy, rising tax receipts giving £20-30bn of fiscal fire power and improving personal balance sheets.
UK politcal impasse over BREXIT is unprecidented in modern times. Our note examines the possible range of outcomes, ascribing probability, examining the potential impact on capital markets. Please contact us for a copy of the note.
This paper examines institutional asset allocation and changing ownership of equities. We think understanding the changing basis of ownership and asset allocation is important as it can throw light on who the marginal buyers may be with a possible impact on valuations and volatility. It may also give a greater understanding to the motivations/ timeframes of underlying investors. A copy of the note is available on request.