Recent Posts

Stocks, pound unchanged as UK’s exit paralyzes global markets

  BLOOMBERG A week after Britain began voting to leave the European Union, global markets are still being dominated by the consequences. There are signs the tension is easing: The pound held steady after former London Mayor Boris Johnson said he won’t run to succeed David Cameron as U.K. Conservative Party leader, offering the chance of a smoother transition of ...

Read More »

Canada M&A hits Brexit roadblock after roaring start to 2016

  Bloomberg Mergers and acquisitions involving Canadian firms slid in the second quarter as market volatility, the U.S. election and the U.K.’s Brexit vote disrupted dealmaking, which reached a nine-year high of nearly $123 billion in the first half of the year. Deals involving Canadian firms were struck in a broad range of industries, including industrials, consumer, and in infrastructure ...

Read More »

Where are investors looking after UK’s exit? Anywhere but the UK

  Bloomberg Investors are setting their sights away from the U.K. in their search for markets less vulnerable to fallout from Britain’s vote to exit the EU. Amundi SA sees value in emerging-market rates, given that further central bank accommodation is possible after Brexit. While others appear to snub Europe altogether and turn to U.S. stocks, Indosuez Wealth Management favors ...

Read More »
Send this to a friend