Investment Commentary – July 2015

July 20, 2015

The deteriorating position of Greece’s financial position returned to the forefront again in June, almost six years after it originally surfaced. Although the impact of a disorderly exit from the Eurozone has been played down recently, fears that other countries could follow suit spread and global equity prices sank. The effect was most pronounced in the European core bourses while the FTSE 100 actually fell most, losing -6.40% on a total return basis.

 

Investment Commentary July 15


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