BAML still expects September rate hike
Bank of America Merrill Lynch has said it is retaining a ‘baseline forecast’ for the Federal Reserve to raise rates in September despite the recent stock market turmoil.
Equities
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Investors rush out of EM equities and into Europe
The Great Rotation from emerging markets to developed market equities is now in full swing: while investors pulled out a record €7.1bn from global emerging market equities in July, net inflows into their developed market equivalents were at their highest since February 2014.
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Wary Woodford looks for opportunities amid the noise
Unsurprised by the recent China-led market volatility, Neil Woodford says the strategy he has pursued since June last year has emphasised a weaker-than-consensus global economic backdrop, led by slowing growth in China.
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China share falls seen opening the door for stock pickers
The ongoing volatility in Chinese shares, triggered by concern over the country’s growth prospects, has reduced valuations to a point that is creating opportunities for stock pickers, according to some fund managers.
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Which China funds have been hit the hardest?
Over the last month, almost all China-dedicated equity funds have moved into the red, and there were plenty of brand names among the worst performers.
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Five post-crash bets for the road ahead
Industry experts come together and select their best investment calls for the post-crash environment.
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Growing dividend, strong cashflow helps BHP amid price rout
Fears BHP Billiton would have to raise its debt levels to maintain its dividend amid crumbling commodities prices proved unfounded on Tuesday on the releases of its full year numbers.
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Investors divided on how to react as markets decouple
Global markets have grabbed a handhold on the equities cliff as China continues to fall, and managers are divided on how best to react.
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PA ANALYSIS: Market carnage could push Fed rate rise back to 2016
China’s shadow over global markets is pushing a US interest rate rise to December, and unless it relinquishes its grip the wait could go on even longer.
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Narrowed focus needed as stock market slide continues
Selective investing is key to negotiating the ongoing stock market slide, says City Asset Management’s James Calder.
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Ex-Neptune man to lead Columbia Threadneedle UK equity research push
Columbia Threadneedle has hired Neptune’s head of UK equities, Jeremy Smith away from Liberum to fill the post of head of UK equity research.
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PA ANALYSIS: Glencore’s slump and the importance of beating expectations
The FTSE looked rather red on Wednesday, but two tickers caught the eye: one red and one green.