Reaction: ECB approaching ‘cruising altitude’ following dovish statement and rate hike
ECB raises rates by 25 basis points
ECB raises rates by 25 basis points
Key events for UK wealth managers for the week starting 30 January
Bruising market conditions have led some fund buyers to opt for strategic fixed income allocation
Global financial markets have enjoyed a sustained period of remarkable calm, but will that continue into 2018? AJ Bell’s investment director Russ Mould proposes three potential ‘Black Swan’ events that could surprise markets and taint the year ahead.
Volatility spiked and European bonds sold off heavily during a week in which markets were caught short by the European Central Bank’s hint at tapering monetary policy.
In the eurozone’s current negative interest rate environment, Baring Multi Asset Group’s Christopher Mahon predicts European REITs will emerge as the preferred alternative to government bonds for risk-averse investors.
As France and other parts of the eurozone return to work after an August on the beach or in the countryside, the focus of investors turns once again to Mario Draghi and the European Central Bank.
Janet Yellen’s Economic Club of New York speech provided a timely reminder that nobody can move markets like central bankers.
The expected 10 basis points rate cut by the European Central Bank this week would provide a “big boost” to peripheral sovereign markets such as Italy, according to Tanguy Le Saout, head of European fixed income at Pioneer Investments.
As we start 2016 there is at least one thing which is strikingly similar to the same time last year.
Sales of UCITS-qualified funds outstripped their non-UCITS counterparts by 419% in April, according to research by the European Fund and Asset Management Association.
The General Election may have dominated the headlines this week, but bond investors should be much more concerned by the bund price plunge, says Miton Asset Management’s David Jane.