Professional Wealth Managementt

images/article/2839.photo.4.jpg
By PWM Editor

“Dollar strength was the key factor for European investors – as Cazenove European manager Chris Rice put it to us recently ‘has the Euro now spent its three months in the sin bin?’. On balance with 42 per cent of our equity exposure in dollar based economies, and one third of our bond exposure heavily betting on the dollar, we feel well placed either way, but would expect further dollar strength at some point over the coming months. Japan, and the Yen, continue to strengthen relative to European markets and we choose to leave our overweight here too.”

 

Already registered? Sign in here to access content now.

 

To read PWM content for free, register now by completing a short form.

 

Registered users benefit from:

  • Full access to all articles, videos and podcasts
  • E-newsletters featuring the latest content
  • Coverage of the latest opportunities, challenges, game-changing regulations and competing markets
  • Bespoke PWM research: sub-advisory, asset allocation, Global Private Banking Awards, Wealth Tech Awards