The Swiss National Bank

Return of big banks and the end of austerity?

Which decisions rocked investors?

Portfolio will replicate $1.3bn institutional strategy

Nick Clay, alternate manager on the Newton Global Higher Income fund, has said the Federal Reserve may yet take further monetary easing measures instead of the expected tightening.

There is more chance of a recession in Switzerland than there is in Greece following the Swiss National Bank's decision to scrap its cap on the franc, according to economists.

Hedge fund manager Crispin Odey has warned major economies are entering a recession that will be "remembered in a hundred years".

Tesco, the oil price, and the 'Draghi put'

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.

Hedge fund Everest Capital has closed its largest fund after sustaining heavy losses on the Swiss franc's dramatic move last week.

Asian equities sold off overnight and investors rushed for safe havens as markets continued to react to a shock move by the Swiss National Bank (SNB) yesterday to remove the Swiss franc's peg to the euro.