Are you positioned for interest rate rises or cuts this year?

Are you positioned for rate rises or cuts this year?

Following the release of the Bank of England's latest Inflation Report earlier this month, Investment Week asks fund managers how they are preparing for key monetary policy changes in 2015.

Charles Hepworth  Investment director, GAM  No rate moves yet With deflationary forces washing through the global economy, the prospect of interest rate rises in the developed markets have been kicked yet further down the road. The Federal Reserve has continually used the word ‘patience’ in its committee minutes. While this does not frame a timeline for a rate rise, it indicates it does not believe the US economy is at a point where rates should rise. Similarly, the Bank of England has extended its rate rise outlook until early next year as a short-term deflationary pulse affects the ...