Rietumu group experts have prepared their regular monthly overview of Rietumu Asset Management investment funds for June. The report contains an analysis of key economic data, monetary policy, and developments in stock, bonds, currency and commodity markets, as well as comprehensive expert’s comments.
“In June the attention of investors was riveted to the British referendum. The possible exit of Britain from the EU has raised doubts regarding the timeframe needed for interest rates to be normalized. Amid the unprecedented stimulating policy of Central Banks, the amount of negative yield bonds have reached a record USD 11.7 trillion level. Therefore, active and prudent asset selection becomes exceptionally important for investors,” say RAM portfolio managers.DISCLAIMER: This overview (including any attachment (-s)) does not constitute a request, offer, recommendation or invitation of any kind to buy, sell or redeem any financial instruments or to conclude and/or to perform other transactions of any kind. The authors of the information presented in this overview, as well as JSC “Rietumu Asset Management" IMF, registered in the Commercial Register of Republic of Latvia on January 29, 2014, registration number 40103753360, legal address: 7 Vesetas Street, Riga, LV-1013, Latvia, hereinafter referred to as “RAM” , both together and individually, are not liable for possible use of the information presented in this overview, including any direct or indirect damages (including lost profits), as well as any penalties. Evaluations, opinions and forecasts presented in this overview are based solely on the RAM’s specialists' conclusions regarding financial instruments and issuers considered in this overview. While the information contained in this overview is obtained from sources believed to be reliable, the RAM does not guarantee its accuracy and completeness. Any of your investment decision should be fully based on your assessment of your personal financial circumstances and investment objectives. The RAM draws your attention to the fact that transactions in the securities and financial instruments market involve risk and require appropriate knowledge and experience.