In its latest quarterly study of allocation decisions made by financial advisers, Natixis Global Asset Management has revealed UK portfolios have outperformed their global peers following the EU referendum.
The falls in equity markets that followed the UK's decision to leave the EU resulted in a downward impact of 4% on model portfolios analysed by Natixis between 24 and 27 June. However, the firm said this was outweighed by a positive contribution of more than 4% from currency exposure due to overseas equity holdings. As a result, the UK was the only geographical region of the six studied by Natixis to have a positive change in the immediate period following the referendum result. As part of its quarterly UK Portfolio Barometer Natixis analysed the allocation decisions being made wit...
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
