Beyond Bulls & Bears

UK Election Result: Grounds for Optimism in the Medium Term?
Equity

UK Election Result: Grounds for Optimism in the Medium Term?

“The UK election result came as a shock to most observers, but early indications suggest financial markets don’t view it as an end of the world scenario. And there are indications that some positives could emerge over the medium term.” Colin Morton, vice president, portfolio manager, UK Equity Team, June 9, 2017.

Prospect of Snap Election in Italy Spooks Equity Markets
Equity

Prospect of Snap Election in Italy Spooks Equity Markets

"Assuming Italy will vote in 2017 and gain a stable coalition, all three major euroland countries will have newly elected governments. Hopefully, they can all work together for the next three to four years on EU reform following the United Kingdom’s exit. We think this could give financial markets long hoped-for political stability, the chance to mend the European project and reinvigorate growth.” Robert Mazzuoli, portfolio manager, Franklin Local Asset Management, European Equities.