Beyond Bulls & Bears

Gilts Under the Microscope as the UK Heads Back to the Polls
Fixed Income

Gilts Under the Microscope as the UK Heads Back to the Polls

As the United Kingdom heads back to the polls, our David Zahn offers some thoughts on the implications for investors.

Brexit: Not the Beginning of the End, But the End of the Beginning?
Fixed Income

Brexit: Not the Beginning of the End, But the End of the Beginning?

Against the odds, Boris Johnson’s UK government appears to have agreed to a deal in principle with the European Union (EU) which could see the United Kingdom leave the EU on October 31 in an orderly way. But David Zahn, our Head of European Fixed Income, cautions against popping the champagne corks too prematurely. There’s still a lot of work to be done, and financial market volatility is likely to remain heightened, he says.

European Political Developments: A Lesson in Unexpected Consequences
Fixed Income

European Political Developments: A Lesson in Unexpected Consequences

Even the most dedicated news-junkie may struggle to keep up with the pace of political shenanigans in Europe in recent weeks. Two countries in which the news has been especially fast-moving are Italy and the United Kingdom. Our Head of European Fixed Income David Zahn notes some peculiar similarities in the way events have unfolded.

Does a Brexit Resolution Require a New Referendum or a General Election?
Equity

Does a Brexit Resolution Require a New Referendum or a General Election?

Political infighting abounds in the United Kingdom as the clock ticks relentlessly towards the March 29 Brexit date. Amid entrenched positions on all sides, Sandy Nairn, Chairman of Templeton Global Equity Group and CEO of Edinburgh Partners, argues that only a fresh referendum or a general election can break the Brexit deadlock and examines some of the implications for investors.

Are We Nearly There Yet?: Revisiting the Politics and Processes of Brexit
Equity

Are We Nearly There Yet?: Revisiting the Politics and Processes of Brexit

“We believe it is likely over the coming months risk premiums will rise and potentially spur investment in stocks which have already been largely discounted for a worst-possible Brexit outcome, including the financial services and construction sectors.” - Sandy Nairn, Chairman, Templeton Global Equity Group

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

“If the United Kingdom fails to reach a deal or pass it through Parliament, the prospect of a fresh general election is a very real likelihood, in our view, bringing with it much uncertainty.” Franklin Templeton European Trading Desk team

What Might Be More Important than Brexit to UK Equities Is…
Equity

What Might Be More Important than Brexit to UK Equities Is…

“We think there are reasons to believe Brexit should represent just a blip on the country’s long-term economic prospects. Although it may feel like a major issue right now, Brexit likely won’t define the United Kingdom in 5-10 years.” - Colin Morton, UK Equity team.