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Mike Amey, Head of Sterling Portfolio Management, discusses the unusually uncertain economic outlook for the UK and what this means for investors.
Mike Amey, Head of Sterling Portfolio Management, discusses the Brexit negotiations and their impact on the UK economy and financial markets.
The UK is now entering a period of significantly greater uncertainty as the political outlook has become more clouded.
Once again the British electorate surprised markets, opening the door for easier fiscal policy and a “softer” Brexit.
We do not believe investors are being adequately compensated to take risk associated with the outcome of the 8 June election.
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Head of Sterling Portfolio Management
Mr. Amey is a managing director and portfolio manager in the London office. He is responsible for sterling portfolios, the European insurance (ex Germany) and the European LDI (liability-driven investing) portfolio management groups. Prior to joining PIMCO in 2003, he was head of U.K. fixed income at Rothschild Asset Management and after their merger, at Insight Investment. Prior to joining Rothschild in 1994, Mr. Amey spent two years tutoring in the Department of Economics at the University of Durham. He has 23 years of investment experience and holds undergraduate and master's degrees in corporate and international finance from the University of Durham. Mr. Amey is also a member of the U.K. Society of Investment Professionals.