Cantab Asset Management

In Europe, the primary focus continues to be the Greek debt talks. By spending money from the public sector pension fund and local government funds, the Greek government has so far managed to avoid default. However, its reserves are rapidly diminishing. At this stage, though, talks continue, with t.

The General Election has dominated UK news in the last six weeks. In defiance of the pollsters' predictions, the Conservatives won and the markets were delighted. Overnight, the pound jumped more than 1% against the USD and more than 2% against the euro. The FTSE 100 was up more than 1.6% on.