Schroders

According to Shogo Maeda, Head of Japan Equities, despite the recent volatility, Japanese companies’ prospects continue to look bright.

According to Keith Wade, Chief Economist & Strategist at Schroders, despite the market reaction, this move comes out of weakness and also raises the risk that China may retaliate with a further depreciation of its currency. If so, we will have entered a new phase in the currency wars where countries fight over a limited amount of global growth, an outcome which does not bode well for risk assets.

Given recent equity market volatility, now is an opportune moment to re-assess our view of European equities for the remainder of this year and into 2016. We continue to believe European equities offer almost ‘safe haven’ status in a world of increasing economic uncertainty.

China’s central bank has taken steps to devalue the renminbi. The initial direct impact on eurozone equities is fairly limited but certain sectors and companies have more pronounced exposure...

According to Rory Bateman,head of european equities at Schroders, volatility in markets is likely to continue for an extended period until the ramifications of a potential Greek exit from the euro are fully understood. QE and current valuations could provide some downside protection for European equities...