The Pound Is in No-Man’s Land, Says Arbuthnot Latham’s Perdon

The video discusses the impact of Brexit on UK investments, highlighting a shift from being underweight in UK assets to aligning more with benchmarks. It also analyzes the US dollar's potential retracement and its effects on sterling. The European market outlook is explored, noting the Euro STOXX 50's performance despite bearish sentiments. The discussion extends to the ECB's policies, considering the implications of a hawkish leadership. Finally, the potential impact of a trade war on European credit and exports is examined.

What was the investment strategy regarding UK assets in light of Brexit uncertainties?

• Overweight UK assets

• No change in UK assets

• Complete divestment from UK assets

• Underweight UK assets

How did the portfolio managers adjust their strategy concerning US and UK equities?

• Focused solely on US equities

• Increased US equities, decreased UK equities

• Decreased US equities, increased UK equities

• Maintained equal weight in US and UK equities

What is the general sentiment towards European markets according to the transcript?

• Bullish

• Indifferent

• Bearish

• Neutral

What could be the impact of a hawkish ECB leader on the euro?

• No impact on the euro

• Weaken the euro

• Strengthen the euro

• Cause the euro to fluctuate wildly

What is the potential benefit of investing in European credit according to the discussion?

• Higher risk than equities

• Stable returns with no growth

• More upside potential than credit

• Less linked to export markets