FTSE 100 falls below 6,000 and sterling hit as Brexit fears dominate

Investors flock to cash and bonds

clock • 1 min read

The FTSE 100 index closed 2% lower at 5,923 yesterday, wiping around £100bn off its value over the past four days as fears over Britain's potential exit from the EU intensify.

While the UK's blue chip index closed below the 6,000 mark for the first time since February, the CAC index in Paris fell 2.3%, and the German Dax was down 1.4%. Sterling also hit a two month lo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Mansion House speech: What does it mean for the investment and pension landscape?

Mansion House speech: What does it mean for the investment and pension landscape?

Focus on private markets opportunities

Cristian Angeloni
clock 22 November 2024 • 1 min read
Sustainable and impact briefs to make up half of private market portfolios in next two years

Sustainable and impact briefs to make up half of private market portfolios in next two years

Asset owners say they can achieve better social and environmental outcomes through private markets

Jonathan Stapleton
clock 21 November 2024 • 3 min read
Liquid alternatives can increase scheme resilience, Aon says

Liquid alternatives can increase scheme resilience, Aon says

Firm says these assets can help UK schemes improve portfolio resilience while generating returns

Jasmine Urquhart
clock 21 November 2024 • 2 min read
Trustpilot