A surprise delay in the US Federal Reserve's plans to wind down its QE programme may continue into 2014, fund managers have suggested.
The year-long stock market rally faltered over the summer, its progress derailed by concerns about the Federal Reserve's intentions to tighten monetary policy.
The FTSE has jumped as much as 1.5% after the US Federal Reserve came yesterday indicated it has no plans to cut back on its quantitative easing programme at present.
Bank of America Merrill Lynch has named its top ten trades for this autumn as investors prepare for a tapering of QE in the US and a possible jump in interest rates.
Invesco Perpetual has rolled out its first multi-asset fund strategy for former Standard Life Investments' (SLI) managers David Millar, Dave Jubb and Richard Batty.
Neil Staines, head of trading for the ECU Group, assesses the impact of recent global policies on currency markets.