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Brace for volatility, say fund managers

This is not a 'Lehman moment', says Deutsche Bank executive. But fund managers are alert to the prospect of contagion.

RISK-OFF: Indiscriminate selling could translate into opportunities. US and Asia markets are only marginally affected by the UK's exit from the EU, and are supported by a mix of easy monetary policy and economic growth, says BlackRock.

THE UK's vote in favour of an exit from the European Union ("Brexit") dealt a shock to asset markets on Friday, yanking risk appetite firmly into risk-off mode.

But investors should not panic, even as they should brace for volatility. This is not a "Lehman moment", as Christian Nolting,