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sector is towards the higher range of its post-GFC range. UK supermarkets have had their relief rally. Despite challenges facing UK food retailers, Tesco has rallied 25% and Morrison’s 15% since Brexit as retail spending has held up and the short base grew massively immediately following the UK-EU vote
Page: HOUSE_OVERSIGHT_014490 →orporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and Exchange Board of India; PT Merrill Lynch (Indonesia): PT Merr
Page: HOUSE_OVERSIGHT_014496 →} where post EU referendum realised vol was the highest relative to current 1y ATMf vol. The 10 names are: Barclays, Aviva, Prudential, BT, Glencore, Tesco, CRH, BA, Standard Chartered & HSBC. Hedge portfolios against a buy-the-dip failure should a faster rate cycle ultimately jeopardize it he MSCI inc
Page: HOUSE_OVERSIGHT_014992 →f Canada; Merrill Lynch (Mexico Lynch Argentina SA, regulated by Comisién Nacional ): Merrill Lynch International Incorporated (Seoul Br: ated by the Securities and Futures Bureau; DSP Merrill Lynch (Ind ch Sekuritas Indonesia, regulated by Otoritas Lynch Securities, Moscow, regulated by the Central Bank DFSA); Merrill Lynch (S
Page: HOUSE_OVERSIGHT_014999 →national Incorporated (Seoul Branch} regulated by the ecurities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Lim
) where post EU referendum realised vol was the highest relative to current 1y ATMf vol. The 10 names are: Barclays, Aviva, Prudential, BT, Glencore, Tesco, CRH, BA, Standard Chartered & HSBC. Hedge portfolios against a buy-the-dip failure should a faster rate cycle ultimately jeopardize it Sell rich F
Page: HOUSE_OVERSIGHT_023597 →Entities connected to both the Securities and Futures Bureau and Tesco

Bank of America
ORGANIZATION
Merrill Lynch
ORGANIZATIONMerchant Bank
ORGANIZATION
Michael Bloomberg
PERSON
United Kingdom
LOCATIONThe Financial Service Board
ORGANIZATION
Frankfurt
LOCATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Donald Trump
PERSON
Seoul
LOCATIONthe Financial Supervisory Service
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATION
Marc Rich
PERSONMerrill Lynch KSA Company
ORGANIZATION
Bank of America Corporation
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATIONBaFin
ORGANIZATIONDSP Merrill Lynch Limited
ORGANIZATION