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COMMENT ON UK ELECTION – BY SIMON HANIES, FUND MANAGER OF THREADNEEDLE MID UK250 FUND

COMMENT ON UK ELECTION – BY SIMON HANIES, FUND MANAGER OF THREADNEEDLE MID UK250 FUND

We are entering a period of uncertainty and negotiation that will ultimately decide the make-up of the next government.  The most likely outcomes appear to be a Labour/Lib Dem coalition, a Conservative/Lib Dem coalition or the Conservatives attempting to go it alone, possibly with support from minority parties.  In the first two of these scenarios, it seems that the Lib Dems will wield considerably less influence than most people would have predicted a week ago.  … Read more »

In : Alternative Investments

MARTIN HARVEY, FIXED INCOME FUND MANAGER COMMENTS ON TODAY’S ECB DECISION

MARTIN HARVEY, FIXED INCOME FUND MANAGER COMMENTS ON TODAY’S ECB DECISION

The ECB offered little new support to the region’s troubled bond markets at its monthly press conference.  There was a faint hope ahead of the meeting that the council would take bold steps to address the crisis, for example via discussing bond purchases or adding liquidity to shore up confidence. However, Jean-Claude Trichet’s opening statement was notable for its lack of acknowledgement that the crisis had reached a more serious plane, preferring to simply endorse  … Read more »

In : Alternative Investments