Deep value factors have failed again in June across most regions with a few exceptions, and such broad underperformance by deep value factors highlights that global investors have again exhibited risk averse behavior last month, note Morgan Stanley analysts. Charles Clavel and team provide some guidance for global equity investors on whether to reallocate portfolios in the post Brexit environment in their July 6 research piece titled “Is There A Post Brexit Playbook?” High quality stocks outperformed junk stocks post-Brexit Tracing Brexit-related uncertainty, Clavel and colleagues point out that global markets witnessed a sharp selloff in the two trading days…
Global Investors Were Risk Averse In June Amid Brexit
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports