Market Updates

On 23 August 2019, Omnis will implement a reorganisation of four of its funds, otherwise known as a ‘Scheme of Arrangement’. The changes will result in four Omnis funds being transferred into nine new funds. The Scheme of Arrangement will... Learn More

LAST WEEK – KEY TAKEAWAYS UK: BORIS JOHNSON BECOMES PRIME MINISTER • Boris Johnson won the race to replace Theresa May as Prime Minister and Conservative party leader, winning nearly double the number of votes than his rival, former foreign... Learn More

Boris Johnson has succeeded Theresa May as Prime Minister after comfortably winning the Conservative leadership contest. Just over 92,000 party members voted for Boris while his rival, foreign secretary Jeremy Hunt, came a distant second with 46,656 votes. Brexit will... Learn More

LAST WEEK – KEY TAKEAWAYS MONETARY POLICY: CENTRAL BANKS KEEP RATES ON HOLD • The S&P 500 hit a record high after the Federal Reserve left interest rates unchanged at its latest meeting and hinted at a rate cut in... Learn More

LAST WEEK – KEY TAKEAWAYS MARKETS: FED’S DOVISH TONE BUOYS EQUITIES • US equities rallied after chairman Jay Powell said the Federal Reserve was prepared to cut interest rates to support the US economy and offset the impact of trade... Learn More