In the first part of our new series looking at the most topical investment themes for the quarter ahead, Professional Adviser asks multi-managers what is the deep impact of a radically lower oil price?
Oil prices are in freefall. The price of Brent crude has fallen to a six-year low - at $48.54 it is at its lowest level since April 2009. It is the same story for US crude oil, currently at $47.10 a barrel. In June oil was priced at twice that much, at around $110 a barrel. The cost of petrol in the UK is being cut in response, but while motorists may be smiling at their fatter wallets, the impact of radically lower oil prices go far beyond the forecourt. Multi-managers - who look across the whole investment universe - give their view on where the ripples are being, and will ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
