The week that was…

In the week ending 8th May, what stole the financial headlines?

Pro-Russian rebels declared a resounding victory in referendums on self-rule in the eastern regions of Ukraine. The EU had denounced the referendums as illegal and moved closer to extending sanctions to companies, as well as individuals, linked to the annexation of Crimea. Meanwhile, the proposed £63bn bid by Pfizer for AstraZeneca triggered a political storm, with concerns about potential job losses.

Headline Hotlist & World/ Asset Returns Source: The BNY Mellon Investment Strategy and Solutions Group (“ISSG”) as at 12/05/14. ISSG is part of The Bank of New York Mellon

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