Ice man Edwards backs bonds
Albert Edwards, strategist at Societe Generale, continues to believe in his Ice Age thesis [a period of low inflation and near deflation], and argues investors should be moving to an overweight position in bonds.
Macro News
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Threats will be external not US says Schroders
Schroders Joanna Shatney said the biggest threat facing her next year was that of an external monetary policy mistake, with the proximity and importance of the election in Q3 likely to dampen the threat of any domestic political manoeuvring.
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UK among race winners says IWI
The UK is poised to sit among the fastest growing economies of the developed markets in 2014, according to Investec Wealth & Investment.
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McDermott AR funds to rise again
Chelsea Financial Services Darius McDermott has said capital preservation and diversification will be crucial for weathering the unknown quantities of next year and with no clear winners set to emerge, it was time to reconsider absolute return funds.
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Citi take on property
Investors in Indian property are in for a tougher time next year as rising interest rates take hold of the asset class, according to a recent research note from Citi.
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Where investors will hide
Global private investors look set to increase their share of bonds issued by Turkey, Brazil, Mexico, India and Poland if recent investment patterns continue, according to latest investment research by Axa Investment Managers.
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Haig Bathgate playing the China transition
China’s investment case is simply not stacking up as high-end European manufacturers remain the best way of exploiting the country’s solid growth trajectory, according to Haig Bathgate, Turcan Connell’s chief investment officer.
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Threadneedles Burgess readies for QE end
Threadneedle has pared back its commodities exposure reflecting low inflationary pressures and an inevitable reduction in QE.
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Lyon central banks sowing the seeds of next crisis
Troys Sebastian Lyon has warned that central banks are sowing the seeds of the next crisis in not allowing markets to function properly in his interim statement for Personal Assets Trust.
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Is everything really better
Newton’s Global Higher Income team has questioned the validity of the economic recovery and believes that “escape velocity” is still some way off.
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Unemployment could fall sub-7 per cent next year
The Bank of England has used its latest Inflation Report to soften its unemployment projections but has played down the move.
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Surprise drop in UK inflation
The UK’s rate of inflation has dropped from 2.7% to 2.2% – its lowest rate since September 2012.