quantitative-easing

If aliens knocked on my front door, having read pre-Millennium economic theory books, they would be scratching their frontal lobes with dismay.

GLG's Jon Mawby and Andy Li have repositioned their £1bn Strategic Bond fund following the announcement of a €1.1trn quantitative easing programme by the European Central Bank (ECB).

Equity investors today seem to have only two options: to invest in expensive companies or those with inherent financial risk attached, according to Simon Gergel, manager of the Merchants trust at Allianz Global Investors

Lawrence Gosling with Hollie Briggs of Loomis, Sayles & Company

Lawrence Gosling with Daniel Nicholas of Harris Associates

A week of dramatic FX moves has highlighted the importance of currency positioning for global equity fund managers and fund buyers, as they try to cushion portfolios against the impact of multi-speed central bank policies.

The euro has continued to fall in overnight trading as a stronger dollar and expectations of full-blown quantitative easing weigh on the single currency

The European Central Bank's monetary stimulus programme is likely to fail without full-blown bond purchases and could lead to a recession in the eurozone, Standard & Poor's has warned.