Woodford IM: Fed hike will lead to a new episode of 'currency wars'

Conditions may worsen

Daniel Flynn
clock • 2 min read

Woodford Investment Management has said the Federal Reserve's decision to raise interest rates by 0.25% could lead to a 'new episode' of currency wars as emerging markets are forced to depreciate their own currencies further.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Emerging markets

Partner Insight: EMD - The misunderstood asset class

Partner Insight: EMD - The misunderstood asset class

Emerging markets debt suffers from perceptions of being too risky or illiquid, but its resilience in recent years suggests the asset class could be a lot stronger than many investors realise, according to Allianz Global Investors

Allianz Global Investors
clock 03 November 2025 • 5 min read
Partner Interactive Video: EMD - How has the story evolved?

Partner Interactive Video: EMD - How has the story evolved?

INTERACTIVE VIDEO: Emerging Market Debt (EMD) has long been associated with risk, volatility, and uncertainty. But the story has changed - and the data now tells a very different story

Allianz Global Investors
clock 30 October 2025 • 1 min read
Guinness Global Investors' Edmund Harriss: The opportunity of a generation in Asia

Guinness Global Investors' Edmund Harriss: The opportunity of a generation in Asia

Beyond Magnificent Seven 'obsession'

Edmund Harriss
clock 30 October 2025 • 4 min read
Trustpilot