Beyond Bulls & Bears

Amid Brexit Stalemate, Could a New Scottish Referendum Be on the Cards?
Fixed Income

Amid Brexit Stalemate, Could a New Scottish Referendum Be on the Cards?

Issues still remain unresolved between the United Kingdom and the European Union, with continued posturing on both sides. David Zahn, our Head of European Fixed Income, weighs in on the latest developments, and ponders whether we could see some disharmony within the United Kingdom—potentially leading to another Scottish referendum.

Brexit Saga Meets Trade Roadblocks
Fixed Income

Brexit Saga Meets Trade Roadblocks

The United Kingdom officially left the European Union in January of this year, but issues remain in the Brexit saga, namely trade relations. David Zahn, our Head of European Fixed Income, weighs in on the odds no deal will be reached by year-end—and the market implications.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

This week is poised to be a dramatic one for the EU and the United Kingdom, with a five-day stretch of face-to-face discussions in London, referred to as a “moment of reckoning”.

EU’s €750 Billion Rescue Plan a Strong Affirmation of European Integration
Fixed Income

EU’s €750 Billion Rescue Plan a Strong Affirmation of European Integration

After much debate, the ink is now dry on Europe’s €750 billion coronavirus fiscal rescue package, initially proposed in May. David Zahn, our Head of European Fixed Income, says it marks a strong affirmation of European integration and support for beleaguered countries—good news for investors.

Tory Victory Offers a Boost to UK Market⁠—But for How Long?
Fixed Income

Tory Victory Offers a Boost to UK Market⁠—But for How Long?

The Conservative victory in the UK General Election should bring some relief for UK markets, according to our Head of European Fixed Income, David Zahn. But he warns investors’ attention is likely to turn quickly to how the new government can really “get Brexit done”.

A Look at the UK’s Post-Election Scenarios
Fixed Income

A Look at the UK’s Post-Election Scenarios

The UK general election campaign is entering its final stages. Opinion polls and market sentiment suggest the Conservatives could be on course for victory, but the result is far from being a foregone conclusion. Our Head of European Fixed Income, David Zahn, examines some of the possible scenarios and considers how financial markets might react.

An Investor’s Perspective on the Proposed Taxonomy for Sustainable Finance
Perspectives

An Investor’s Perspective on the Proposed Taxonomy for Sustainable Finance

Can stakeholders (regulators, policymakers and market participants) deliver a sustainable finance framework that serves the end-client well? The European Union’s technical expert group has just published its final recommendations on the taxonomy for sustainable finance, establishing common criteria to classify environmentally sustainable activities that support the transition to a low-carbon economy. Fresh from discussing the topic at the Responsible Investor Europe Conference in London, Julie Moret, Head of ESG at Franklin Templeton, offers some immediate feedback on the usability and implications for investors

The EU: Singing from 28 Hymn Sheets
Fixed Income

The EU: Singing from 28 Hymn Sheets

What’s the investment lesson in Europe’s recent parliamentary elections? Our Fixed Income CIO Sonal Desai says it’s differentiation. Read more of what’s on her mind about this topic. 

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.

Theresa May Holds on, but What Does This Mean for Investors?
Fixed Income

Theresa May Holds on, but What Does This Mean for Investors?

Theresa May has survived a leadership challenge called by Eurosceptic members of her own party and will continue to lead the United Kingdom as it heads towards Brexit. But David Zahn, Franklin Templeton Fixed Income Group’s head of European Fixed Income, warns May’s troubles are not over yet. He predicts further volatility ahead for financial markets, but argues there may be opportunities for shrewd active managers.

Italy’s Inflection Point as It Prepares to Unveil Spending Plans
Fixed Income

Italy’s Inflection Point as It Prepares to Unveil Spending Plans

Controversial spending plans outlined by Italy’s populist government caused consternation among investors at the beginning of October. David Zahn, Franklin Templeton’s head of European Fixed Income, considers how the coalition government’s growing popularity could influence the European Union’s response. And he explores the implications for the wider eurozone.

Macron at 100 Days: New French President Faces Busy Autumn
Equity

Macron at 100 Days: New French President Faces Busy Autumn

“Although polls have shown that Macron’s approval ratings have fallen since the election, I don’t see this drop as cause for concern. The ebbs and flows of popular polls are natural, in my opinion, following the giant wave of hope that swept Macron into office. That hope is now meeting the cold light of reality.”– Philippe Brugere-Trelat, Executive Vice President, Franklin Mutual Series