“At the moment, it feels very much like the beginning of 2009,” said Marc Chamberlain, executive director at Morgan Stanley in London, speaking on the day of the UK election results.
“With bond spreads widening and volatility ticking up, certain types of income products could look attractive again,” said Chamberlain.
But Chamberlain warns that getting deals done could prove difficult because of the speed and unpredictability of market movements. He says there is a possibility that the FTSE 100 co
The week on Risk.net, July 14–20, 2017Receive this by email