Lawrence Gosling with Vincent Chailley of H2O Asset Management
The World Bank has cut its global growth forecast, warning the US alone cannot drive an economic recovery.
The government will fail to deliver planned spending cuts within the next Parliament and interest rate rises are off the table until summer at least, according to a survey of economists.
A hawkish statement from the Federal Reserve has been perceived by markets as another step towards an interest rate rise, although it is unlikely to come before April 2015.
The Federal Reserve may have to resort to an 'aggressive' rate hike as a consequence of stalling the decision for too long, according to Schroders' Strategic Bond fund manager Gareth Isaac.
Rayner Spencer Mills Research's Ken Rayner looks back on a year in fixed income markets, and considers what 2015 may hold for bond funds as interest rate rises loom large.
Interest rates have been at record low levels for over five years, but an interest rate hike in the near future is inevitable and investors need to protect portfolios against it.
What to expect from a return to normalisation
Minutes released by the Bank of England's Monetary Policy Committee this morning revealed a more hawkish stance than investors expected, helping to lift the flagging UK currency.