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Though politics in the US and Europe will continue to be a focal point of 2017, Hodges is more concerned by the actions of the Federal Reserve and the European Central Bank.
“We continue to position for the potential effects of further rate rises in 2017, although we are far from convinced that inflationary pressures will be strong enough to force the Fed to move quickly,” he said.
Key events for UK wealth managers for the week starting 6 May
Riddell will be lead portfolio manager for Fidelity’s strategic and total return bond strategies
US asset manager also announces deal for NBK Capital Partners
The Allianz Strategic Bond manager departs after eight years with the firm
US equities experience £1.5bn in inflows for first three months of 2024
Seeks to offer investors protection from unexpected UK inflation
