Quarterly Review: Q2 2014
As we move into the second half of the year, with equity indices hitting new highs and property prices continuing to rise, there are growing concerns that investors are becoming increasingly complacent about the risk inherent in markets.
Over recent months the Volatility Index (VIX) – a measure of instability that is used to gauge market risk/fear – has hit record lows, despite the rising geopolitical risks due to the ISIS incursion in Iraq and escalating tensions between Russia and the Ukraine.