Sovereign credit ratings are on track for a record number of downgrades in 2016, driven by the impact of lower commodity prices in emerging market economies.
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Sovereign credit ratings are on track for a record number of downgrades in 2016, driven by the impact of lower commodity prices in emerging market economies.
European investors ditched equity exchange-traded funds (ETFs) that invest in Europe, Japan and emerging markets in June – but still placed a net positive sum in equity markets.
European equity funds saw their largest quarterly outflow on record in the second quarter of the year as the Spanish elections and the UK’s EU referendum loomed.
BlackRock has launched an exchange-traded fund (ETF) that invests in formerly investment grade bonds that have fallen to ‘junk’ status – so-called fallen angels.
The UK’s decision to leave the EU has left economic sentiment among investors at the lowest level since July 2014, according to a poll that included the views of 260 people in institutional investment.
In light of dire warnings about the impact of global financial markets and risk appetite stemming from the UK’s vote to leave the EU, commodity markets have performed well over the past week.
