Up against all major currencies
Manager of the Insight Inflation Linked Corporate Bond fund
"Ostrich" investors who buy equities and ignore the risks may find their "day in the sun" is soon over, the managers of Ruffer investment company have warned.
Monetary Policy Committee member David Miles has outlined his desire for a rate rise before his exit in May 2015.
The Bank of England may find monetary policy such as raising interest rates "the only game in town" to combat financial stability risks such as the housing market, the Deputy Governor has warned.