Specialty finance is one of the most highly geared sectors to a rising or falling market, reflecting...
Specialty finance is one of the most highly geared sectors to a rising or falling market, reflecting the impact asset managers have on the sector, says SchroderSalomonSmithBarney (SSSB). After examining the FTSE 100 from a beta position, focusing specifically on share price movements, the group's UK and European strategy teams believe a portfolio overweight financials and industrials and underweight defensives will outperform this year. The research group found that the high beta UK sectors, those expected to outperform in a rising market and fall in a sell-off, include software and med...
To continue reading this article...
Join Professional Adviser for free
- 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