Investment Week www.investmentweek.co.uk How big an impact could global elections have on portfolio allocation in 2024? <img alt="How big an impact could global elections have on portfolio allocation in 2024?" src="https://www.investmentweek.co.uk/api/v1/wps/94c8774/c6b34ced-dfa2-4dbf-bb0a-004fd9ae171b/20/Polling-station-cover-image-185x114.jpg" /> <p><!--summary start--> In 2024, voters in 64 countries will head to the polls in one of the biggest election years on record. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/94c8774/c6b34ced-dfa2-4dbf-bb0a-004fd9ae171b/20/Polling-station-cover-image-185x114.jpg https://www.investmentweek.co.uk/news-analysis/4175719/big-impact-global-elections-portfolio-allocation-2024 https://www.investmentweek.co.uk/news-analysis/4175719/big-impact-global-elections-portfolio-allocation-2024 https://www.investmentweek.co.uk/news-analysis/4175719/big-impact-global-elections-portfolio-allocation-2024 Mon, 19 Feb 2024 15:18:40 +0000 Four Graphs explaining sterling <img alt="Four Graphs explaining sterling" src="https://www.investmentweek.co.uk/api/v1/wps/deeb725/551d2531-7cdc-4fec-9bc2-c4ed776d77f8/13/Four-Graphs-Sterling-cover-image-185x114.jpg" /> <p><!--summary start--> In the latest instalment of the ‘Four graphs explaining' series, experts consider sterling. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/deeb725/551d2531-7cdc-4fec-9bc2-c4ed776d77f8/13/Four-Graphs-Sterling-cover-image-185x114.jpg https://www.investmentweek.co.uk/news-analysis/4161422/graphs-explaining-sterling https://www.investmentweek.co.uk/news-analysis/4161422/graphs-explaining-sterling https://www.investmentweek.co.uk/news-analysis/4161422/graphs-explaining-sterling Tue, 9 Jan 2024 09:05:40 +0000 Friday Briefing: 2023 or 2022, again? <img alt="Friday Briefing: 2023 or 2022, again?" src="https://www.investmentweek.co.uk/api/v1/wps/5ba539c/4bb07f01-82ed-471d-b5e4-b896a9aa60a1/16/Eve-Maddock-Jones-107-Edit-185x114.jpg" /> <p><!--summary start--> 2023 felt much like an echo of 2022, with continuing drama from several repeat customers (Home REIT and Woodford, to name a couple) and some of the same issues (property fund liquidity issues, fixed income and UK despondency), but there was also a cohort of new headline grabbers (NewGAMe and UK listings). <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/5ba539c/4bb07f01-82ed-471d-b5e4-b896a9aa60a1/16/Eve-Maddock-Jones-107-Edit-185x114.jpg https://www.investmentweek.co.uk/opinion/4159783/friday-briefing-2023-2022 https://www.investmentweek.co.uk/opinion/4159783/friday-briefing-2023-2022 https://www.investmentweek.co.uk/opinion/4159783/friday-briefing-2023-2022 Tue, 2 Jan 2024 10:33:45 +0000 Investment Company of the Year Awards Winners Interview - Alliance Trust <img alt="Investment Company of the Year Awards Winners Interview - Alliance Trust" src="https://www.investmentweek.co.uk/api/v1/wps/6616e7d/05cc7507-009b-47e0-b323-f5c8e57042b8/3/ICYA-Winner-social-graphic-edited-version-1-185x114.jpeg" /> <p><!--summary start--> <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/6616e7d/05cc7507-009b-47e0-b323-f5c8e57042b8/3/ICYA-Winner-social-graphic-edited-version-1-185x114.jpeg https://www.investmentweek.co.uk/interview/4157508/investment-company-awards-winners-interview-alliance-trust https://www.investmentweek.co.uk/interview/4157508/investment-company-awards-winners-interview-alliance-trust https://www.investmentweek.co.uk/interview/4157508/investment-company-awards-winners-interview-alliance-trust Mon, 18 Dec 2023 09:54:04 +0000 IMF official: World economy at risk of 'Cold War two' <img alt="IMF official: World economy at risk of &#39;Cold War two&#39;" src="https://www.investmentweek.co.uk/api/v1/wps/f419c48/b5842607-b429-4827-bbff-78cd06c5c017/19/imf-185x114.jpg" /> <p><!--summary start--> The global economy is teetering on the precipice of a second Cold War that risks wiping out all the trade gains since the fall of the Soviet Union, a senior official from the International Monetary Fund has warned. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/f419c48/b5842607-b429-4827-bbff-78cd06c5c017/19/imf-185x114.jpg https://www.investmentweek.co.uk/news/4155778/imf-official-world-economy-risk-cold-war https://www.investmentweek.co.uk/news/4155778/imf-official-world-economy-risk-cold-war https://www.investmentweek.co.uk/news/4155778/imf-official-world-economy-risk-cold-war Tue, 12 Dec 2023 08:36:10 +0000 BoE's Jon Cunliffe: Digital pound likely needed by 'end of the decade' <img alt="BoE&#39;s Jon Cunliffe: Digital pound likely needed by &#39;end of the decade&#39;" src="https://www.investmentweek.co.uk/api/v1/wps/abc1006/778e313f-acca-4770-a727-aa26eea1d96f/12/cunliffe-october13-185x114.jpg" /> <p><!--summary start--> Plans to implement a ‘digital pound’ will not be decided on for a few years but its introduction is likely to happen by “the end of the decade”, said deputy governor for financial stability at the Bank of England Jon Cunliffe. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/abc1006/778e313f-acca-4770-a727-aa26eea1d96f/12/cunliffe-october13-185x114.jpg https://www.investmentweek.co.uk/news/4139289/boes-jon-cunliffe-digital-pound-end-decade https://www.investmentweek.co.uk/news/4139289/boes-jon-cunliffe-digital-pound-end-decade https://www.investmentweek.co.uk/news/4139289/boes-jon-cunliffe-digital-pound-end-decade Fri, 27 Oct 2023 07:38:54 +0000 How to weather the storm: a roadmap for more resilient portfolios <img alt="How to weather the storm: a roadmap for more resilient portfolios" src="https://www.investmentweek.co.uk/api/v1/wps/2dd44f5/44dc7c0e-b6ed-433b-bc9f-85b9824867fb/32/Brook-Walters-Natasha-6214-185x114.jpg" /> <p><!--summary start--> The world has entered a new era of elevated market and macroeconomic volatility, with significant divergence across regions, sectors and asset classes. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/2dd44f5/44dc7c0e-b6ed-433b-bc9f-85b9824867fb/32/Brook-Walters-Natasha-6214-185x114.jpg https://www.investmentweek.co.uk/opinion/4138791/weather-storm-roadmap-resilient-portfolios https://www.investmentweek.co.uk/opinion/4138791/weather-storm-roadmap-resilient-portfolios https://www.investmentweek.co.uk/opinion/4138791/weather-storm-roadmap-resilient-portfolios Thu, 26 Oct 2023 10:19:19 +0000 Four Graphs explaining currencies <img alt="Four Graphs explaining currencies " src="https://www.investmentweek.co.uk/api/v1/wps/1e72e50/28e480c5-ae2a-4a58-a570-c59213b9d096/12/Four-Graphs-Currencies-cover-image-185x114.jpg" /> <p><!--summary start--> In this month’s ‘Four graphs explaining' series, our experts consider the currencies market. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/1e72e50/28e480c5-ae2a-4a58-a570-c59213b9d096/12/Four-Graphs-Currencies-cover-image-185x114.jpg https://www.investmentweek.co.uk/news-analysis/4137717/graphs-explaining-currencies https://www.investmentweek.co.uk/news-analysis/4137717/graphs-explaining-currencies https://www.investmentweek.co.uk/news-analysis/4137717/graphs-explaining-currencies Wed, 25 Oct 2023 15:01:42 +0000 HYCM Giles Coghlan: GBP outlook as rates continue to rise <img alt="HYCM Giles Coghlan: GBP outlook as rates continue to rise" src="https://www.investmentweek.co.uk/api/v1/wps/b2193b2/667ec586-dbeb-49d9-b1dc-7e12345c6904/21/Giles-Coghlan-185x114.png" /> <p><!--summary start--> The economic and political climate of the UK made 2022 a year to forget for the GBP. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/b2193b2/667ec586-dbeb-49d9-b1dc-7e12345c6904/21/Giles-Coghlan-185x114.png https://www.investmentweek.co.uk/opinion/4122165/hycm-giles-coghlan-gbp-outlook-rates-continue-rise https://www.investmentweek.co.uk/opinion/4122165/hycm-giles-coghlan-gbp-outlook-rates-continue-rise https://www.investmentweek.co.uk/opinion/4122165/hycm-giles-coghlan-gbp-outlook-rates-continue-rise Wed, 16 Aug 2023 08:46:43 +0000 Deep Dive: US dollar dominance remains despite 'loss of trust' <img alt="Deep Dive: US dollar dominance remains despite &#39;loss of trust&#39;" src="https://www.investmentweek.co.uk/api/v1/wps/f261937/3bedc6e3-939a-4f1f-89a6-33d43ab3014b/43/0108-us-dollar-markets-bonds-stocks-generic-3-185x114.jpg" /> <p><!--summary start--> The US dollar is unlikely to lose its status as the world’s reserve currency, despite the rise of de-dollarisation as trust in the greenback erodes. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/f261937/3bedc6e3-939a-4f1f-89a6-33d43ab3014b/43/0108-us-dollar-markets-bonds-stocks-generic-3-185x114.jpg https://www.investmentweek.co.uk/analysis/4122087/deep-dive-us-dollar-dominance-remains-despite-loss-trust https://www.investmentweek.co.uk/analysis/4122087/deep-dive-us-dollar-dominance-remains-despite-loss-trust https://www.investmentweek.co.uk/analysis/4122087/deep-dive-us-dollar-dominance-remains-despite-loss-trust Fri, 11 Aug 2023 11:29:54 +0000 Has the US dollar peaked? <img alt="Has the US dollar peaked?" src="https://www.investmentweek.co.uk/api/v1/wps/8f95276/1f0b5c77-d943-4dec-acb0-83b73860de80/11/HOLLINGS-Mike-Shard-Capital-2021-185x114.jpg" /> <p><!--summary start--> Having rallied strongly last year on the back of global geopolitical risks and higher US rates, the greenback has now entered a period of consolidation. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/8f95276/1f0b5c77-d943-4dec-acb0-83b73860de80/11/HOLLINGS-Mike-Shard-Capital-2021-185x114.jpg https://www.investmentweek.co.uk/opinion/4121103/us-dollar-peaked https://www.investmentweek.co.uk/opinion/4121103/us-dollar-peaked https://www.investmentweek.co.uk/opinion/4121103/us-dollar-peaked Fri, 28 Jul 2023 09:30:37 +0000 Bailey calls for 'public debate' on digital pound introduction <img alt="Bailey calls for &#39;public debate&#39; on digital pound introduction" src="https://www.investmentweek.co.uk/api/v1/wps/989a285/959ab8da-7541-43c1-8809-d1114ee2500a/9/BAILEY-Andrew-BoE-2021-CC-185x114.jpg" /> <p><!--summary start--> Andrew Bailey, the governor of the Bank of England, has said the introduction of a retail CBDC (central bank digital currency) would be a “major step", adding that there "should be a public debate about the future of money in the UK”. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/989a285/959ab8da-7541-43c1-8809-d1114ee2500a/9/BAILEY-Andrew-BoE-2021-CC-185x114.jpg https://www.investmentweek.co.uk/news/4119878/bailey-calls-public-debate-digital-pound-introduction https://www.investmentweek.co.uk/news/4119878/bailey-calls-public-debate-digital-pound-introduction https://www.investmentweek.co.uk/news/4119878/bailey-calls-public-debate-digital-pound-introduction Tue, 11 Jul 2023 10:42:16 +0000 Final LIBOR panel ends as transition nears conclusion <img alt="Final LIBOR panel ends as transition nears conclusion" src="https://www.investmentweek.co.uk/api/v1/wps/bd76c04/b6c58f14-90ea-4f46-adae-ceabff7732b4/7/city-of-london-4481399-1920-185x114.jpg" /> <p><!--summary start--> The overnight and 12-month US dollar LIBOR settings have now permanently ceased, in what the Financial Conduct Authority described as a “critical milestone” in the transition away from the key benchmark interest rate. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/bd76c04/b6c58f14-90ea-4f46-adae-ceabff7732b4/7/city-of-london-4481399-1920-185x114.jpg https://www.investmentweek.co.uk/news/4119295/final-libor-panel-transition-nears-conclusion https://www.investmentweek.co.uk/news/4119295/final-libor-panel-transition-nears-conclusion https://www.investmentweek.co.uk/news/4119295/final-libor-panel-transition-nears-conclusion Mon, 3 Jul 2023 10:17:41 +0000 Deep Dive: Financial sector set to benefit from a non-zero interest rate environment <img alt="Deep Dive: Financial sector set to benefit from a non-zero interest rate environment" src="https://www.investmentweek.co.uk/api/v1/wps/6fc4390/c362cab0-03f3-487d-ae32-a87e822f3c3e/42/Visa-credit-card-185x114.jpg" /> <p><!--summary start--> The end of quantitative easing and the return of interest rates has been a catalyst for investing in financials, with traditional banks benefiting “almost immediately”. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/6fc4390/c362cab0-03f3-487d-ae32-a87e822f3c3e/42/Visa-credit-card-185x114.jpg https://www.investmentweek.co.uk/analysis/4116026/deep-dive-financial-sector-set-benefit-zero-interest-rate-environment https://www.investmentweek.co.uk/analysis/4116026/deep-dive-financial-sector-set-benefit-zero-interest-rate-environment https://www.investmentweek.co.uk/analysis/4116026/deep-dive-financial-sector-set-benefit-zero-interest-rate-environment Fri, 19 May 2023 12:13:20 +0000 Spotlight on sterling as conditions call for caution <img alt="Spotlight on sterling as conditions call for caution" src="https://www.investmentweek.co.uk/api/v1/wps/c14d178/cf0e216a-a98b-4021-8d1d-eede5cb37329/17/MONSON-Guy-2018-185x114.jpg" /> <p><!--summary start--> Despite a uniquely complex financial and geopolitical backdrop, markets have delivered positive returns so far this year. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/c14d178/cf0e216a-a98b-4021-8d1d-eede5cb37329/17/MONSON-Guy-2018-185x114.jpg https://www.investmentweek.co.uk/opinion/4114635/spotlight-sterling-conditions-caution https://www.investmentweek.co.uk/opinion/4114635/spotlight-sterling-conditions-caution https://www.investmentweek.co.uk/opinion/4114635/spotlight-sterling-conditions-caution Thu, 11 May 2023 09:27:38 +0000 Partner Insight: How to earn more income with cash? <img alt="Partner Insight: How to earn more income with cash?" src="https://www.investmentweek.co.uk/api/v1/wps/517b468/4f1b20fb-d92c-48b7-a55b-c15cc07156da/14/uk-equities-markets-029-580-358-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/517b468/4f1b20fb-d92c-48b7-a55b-c15cc07156da/14/uk-equities-markets-029-580-358-185x114.jpg https://www.investmentweek.co.uk/sponsored/4112346/flagstone1-earn-income-cash https://www.investmentweek.co.uk/sponsored/4112346/flagstone1-earn-income-cash https://www.investmentweek.co.uk/sponsored/4112346/flagstone1-earn-income-cash Wed, 3 May 2023 04:39:44 +0000 The Big Question: How to allocate for Q2? <img alt="The Big Question: How to allocate for Q2?" src="https://www.investmentweek.co.uk/api/v1/wps/c162759/cb9199f5-5a60-4d84-a8b9-be9eeb1fa817/20/Big-question-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/c162759/cb9199f5-5a60-4d84-a8b9-be9eeb1fa817/20/Big-question-185x114.jpg https://www.investmentweek.co.uk/opinion/4112591/big-question-allocate-q2 https://www.investmentweek.co.uk/opinion/4112591/big-question-allocate-q2 https://www.investmentweek.co.uk/opinion/4112591/big-question-allocate-q2 Tue, 25 Apr 2023 10:34:25 +0000 Partner Insight: Will the investment case for cash endure? <img alt="Partner Insight: Will the investment case for cash endure?" src="https://www.investmentweek.co.uk/api/v1/wps/bcf9d22/7b0d0303-cbfd-489f-8a98-c6c94dfb6f72/11/iStock-1291891378-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/bcf9d22/7b0d0303-cbfd-489f-8a98-c6c94dfb6f72/11/iStock-1291891378-185x114.jpg https://www.investmentweek.co.uk/sponsored/4112344/partner-insight-investment-case-cash-endure https://www.investmentweek.co.uk/sponsored/4112344/partner-insight-investment-case-cash-endure https://www.investmentweek.co.uk/sponsored/4112344/partner-insight-investment-case-cash-endure Mon, 24 Apr 2023 07:58:20 +0000 Credit Suisse AT1 bond investors sue Swiss regulator <img alt="Credit Suisse AT1 bond investors sue Swiss regulator" src="https://www.investmentweek.co.uk/api/v1/wps/3bcf7b2/37d50273-5050-4086-894e-13d849cbe68e/31/credit-suisse-185x114.jpg" /> <p><!--summary start--> A group of Swiss and international investors representing over CHF 4.5bn ($5bn) of Credit Suisse AT1 bonds have sued the Swiss Financial Market Supervisory Authority for the $17bn wipeout that followed the bank’s acquisition by rival UBS. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/3bcf7b2/37d50273-5050-4086-894e-13d849cbe68e/31/credit-suisse-185x114.jpg https://www.investmentweek.co.uk/news/4112547/credit-suisse-at1-bond-investors-sue-swiss-regulator https://www.investmentweek.co.uk/news/4112547/credit-suisse-at1-bond-investors-sue-swiss-regulator https://www.investmentweek.co.uk/news/4112547/credit-suisse-at1-bond-investors-sue-swiss-regulator Fri, 21 Apr 2023 12:54:07 +0000 UK unemployment rate rises faster than expected <img alt="UK unemployment rate rises faster than expected" src="https://www.investmentweek.co.uk/api/v1/wps/2ab6c70/98afc9e4-e8a6-463c-90dc-03ddf149ed3b/20/budget-UK-185x114.jpg" /> <p><!--summary start--> The UK unemployment rate for December 2022 to February 2023 increased by 0.1 percentage points up to 3.8%, according to data from the Office for National Statistics. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/2ab6c70/98afc9e4-e8a6-463c-90dc-03ddf149ed3b/20/budget-UK-185x114.jpg https://www.investmentweek.co.uk/news/4112270/uk-unemployment-rate-rises-faster-expected https://www.investmentweek.co.uk/news/4112270/uk-unemployment-rate-rises-faster-expected https://www.investmentweek.co.uk/news/4112270/uk-unemployment-rate-rises-faster-expected Tue, 18 Apr 2023 07:36:48 +0000 First Republic sits on shaky ground following $30bn bailout <img alt="First Republic sits on shaky ground following $30bn bailout" src="https://www.investmentweek.co.uk/api/v1/wps/b3ddd08/5e50a967-5d55-4f8b-866b-978ae9f86359/15/First-republic-2020-185x114.jpg" /> <p><!--summary start--> Investors have warned First Republic may become the fourth regional bank in the US to fail this month, despite major US banks depositing $30bn into the struggling lender last week. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/b3ddd08/5e50a967-5d55-4f8b-866b-978ae9f86359/15/First-republic-2020-185x114.jpg https://www.investmentweek.co.uk/news-analysis/4086952/republic-sits-shaky-ground-following-usd30bn-bailout https://www.investmentweek.co.uk/news-analysis/4086952/republic-sits-shaky-ground-following-usd30bn-bailout https://www.investmentweek.co.uk/news-analysis/4086952/republic-sits-shaky-ground-following-usd30bn-bailout Tue, 21 Mar 2023 12:13:39 +0000 SVB's parent company files for 'reorganisation' bankruptcy <img alt="SVB&#39;s parent company files for &#39;reorganisation&#39; bankruptcy" src="https://www.investmentweek.co.uk/api/v1/wps/5a4726b/0b26cde8-4693-4fe8-9663-5149ec038618/3/bankruptcy-185x114.jpg" /> <p><!--summary start--> SVB Financial Group, Silicon Valley Bank's parent company, has filed a voluntary petition for Chapter 11 bankruptcy in New York today (17 March). <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/5a4726b/0b26cde8-4693-4fe8-9663-5149ec038618/3/bankruptcy-185x114.jpg https://www.investmentweek.co.uk/news/4083536/svbs-parent-company-files-reorganisation-bankruptcy https://www.investmentweek.co.uk/news/4083536/svbs-parent-company-files-reorganisation-bankruptcy https://www.investmentweek.co.uk/news/4083536/svbs-parent-company-files-reorganisation-bankruptcy Fri, 17 Mar 2023 13:29:19 +0000 OECD: Central banks should continue to hike rates <img alt="OECD: Central banks should continue to hike rates" src="https://www.investmentweek.co.uk/api/v1/wps/d5d5219/fba0ed38-d429-4143-b4e1-f772253f1da7/4/rise-185x114.jpg" /> <p><!--summary start--> The OECD has called on central banks to continue raising rates in a bid to lower inflation in the medium- to long-term. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/d5d5219/fba0ed38-d429-4143-b4e1-f772253f1da7/4/rise-185x114.jpg https://www.investmentweek.co.uk/news/4083531/oecd-central-banks-continue-hike-rates https://www.investmentweek.co.uk/news/4083531/oecd-central-banks-continue-hike-rates https://www.investmentweek.co.uk/news/4083531/oecd-central-banks-continue-hike-rates Fri, 17 Mar 2023 13:25:19 +0000 US unemployment rises more than forecast but market still tight <img alt="US unemployment rises more than forecast but market still tight" src="https://www.investmentweek.co.uk/api/v1/wps/e5a3d7c/25c8012f-b037-4736-958d-b6fddc7ebc05/13/jerome-powell-federal-reserve-2018-compressed-185x114.jpg" /> <p><!--summary start--> The US jobs market showed signs of cooling slightly today as the US Labor Department reported a larger than expected rise in unemployment. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/e5a3d7c/25c8012f-b037-4736-958d-b6fddc7ebc05/13/jerome-powell-federal-reserve-2018-compressed-185x114.jpg https://www.investmentweek.co.uk/news/4077320/us-unemployment-rises-forecast-market-tight https://www.investmentweek.co.uk/news/4077320/us-unemployment-rises-forecast-market-tight https://www.investmentweek.co.uk/news/4077320/us-unemployment-rises-forecast-market-tight Thu, 9 Mar 2023 17:15:25 +0000 Bank of England: Digital pound represents 'new frontier' for payments <img alt="Bank of England: Digital pound represents &#39;new frontier&#39; for payments" src="https://www.investmentweek.co.uk/api/v1/wps/b7799ef/778e313f-acca-4770-a727-aa26eea1d96f/9/cunliffe-october13-185x114.jpg" /> <p><!--summary start--> A central bank digital currency (CBDC) represents “a new frontier” for payments, the Bank of England’s deputy governor for financial stability Jon Cunliffe has said. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/b7799ef/778e313f-acca-4770-a727-aa26eea1d96f/9/cunliffe-october13-185x114.jpg https://www.investmentweek.co.uk/news/4076738/bank-england-digital-pound-represents-frontier-payments https://www.investmentweek.co.uk/news/4076738/bank-england-digital-pound-represents-frontier-payments https://www.investmentweek.co.uk/news/4076738/bank-england-digital-pound-represents-frontier-payments Tue, 28 Feb 2023 14:12:20 +0000 Pensible pence: The outlook for sterling in a fragmenting world <img alt="Pensible pence: The outlook for sterling in a fragmenting world" src="https://www.investmentweek.co.uk/api/v1/wps/def7f2a/4d372a52-2356-42e5-b967-ce2c2564f186/13/SPILLER-Peter-and-MORIARTY-Emma-CGAM-185x114.jpg" /> <p><!--summary start--> The UK has had an eventful year, in politics and in financial markets. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/def7f2a/4d372a52-2356-42e5-b967-ce2c2564f186/13/SPILLER-Peter-and-MORIARTY-Emma-CGAM-185x114.jpg https://www.investmentweek.co.uk/opinion/4074218/pensible-pence-outlook-sterling-fragmenting-world https://www.investmentweek.co.uk/opinion/4074218/pensible-pence-outlook-sterling-fragmenting-world https://www.investmentweek.co.uk/opinion/4074218/pensible-pence-outlook-sterling-fragmenting-world Fri, 10 Feb 2023 09:50:04 +0000 BoE's Bailey predicts 'powerful downward forces' will rein inflation in <img alt="BoE&#39;s Bailey predicts &#39;powerful downward forces&#39; will rein inflation in" src="https://www.investmentweek.co.uk/api/v1/wps/a43c8fa/0d58105e-38ed-4895-8fea-19113f5c37cd/3/BAILEY-Andrew-Bank-of-England-2022-CC-185x114.jpg" /> <p><!--summary start--> Bank of England governor Andrew Bailey has told the Treasury Committee he expects inflation to fall quickly this year, following record-high inflation in 2022. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/a43c8fa/0d58105e-38ed-4895-8fea-19113f5c37cd/3/BAILEY-Andrew-Bank-of-England-2022-CC-185x114.jpg https://www.investmentweek.co.uk/news/4074222/boes-bailey-predicts-powerful-downward-forces-rein-inflation https://www.investmentweek.co.uk/news/4074222/boes-bailey-predicts-powerful-downward-forces-rein-inflation https://www.investmentweek.co.uk/news/4074222/boes-bailey-predicts-powerful-downward-forces-rein-inflation Thu, 9 Feb 2023 12:20:30 +0000 Who's afraid of the big bad dollar? <img alt="Who&#39;s afraid of the big bad dollar? " src="https://www.investmentweek.co.uk/api/v1/wps/60ee7fc/b843c263-d141-4378-97f6-6fe6060a32d4/10/CUTLER-Alec-Orbis-2020-185x114.jpg" /> <p><!--summary start--> For most of the past two years, the dollar had a ferocious run. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/60ee7fc/b843c263-d141-4378-97f6-6fe6060a32d4/10/CUTLER-Alec-Orbis-2020-185x114.jpg https://www.investmentweek.co.uk/opinion/4066181/whos-afraid-big-bad-dollar https://www.investmentweek.co.uk/opinion/4066181/whos-afraid-big-bad-dollar https://www.investmentweek.co.uk/opinion/4066181/whos-afraid-big-bad-dollar Fri, 27 Jan 2023 11:14:41 +0000 Crypto investors leave exchanges at record rate <img alt="Crypto investors leave exchanges at record rate" src="https://www.investmentweek.co.uk/api/v1/wps/8611191/d6b0c26f-6317-4d77-8676-60b1fb63711d/10/crypto-185x114.jpg" /> <p><!--summary start--> Crypto investors pulled money at a record rate from exchanges last month (November) as the downfall of FTX and its contagion made them nervous. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/8611191/d6b0c26f-6317-4d77-8676-60b1fb63711d/10/crypto-185x114.jpg https://www.investmentweek.co.uk/news/4061491/crypto-investors-leave-exchanges-record-rate https://www.investmentweek.co.uk/news/4061491/crypto-investors-leave-exchanges-record-rate https://www.investmentweek.co.uk/news/4061491/crypto-investors-leave-exchanges-record-rate Mon, 12 Dec 2022 08:36:19 +0000 abrdn's Athey maintains short on sterling versus Japanese yen despite rally <img alt="abrdn&#39;s Athey maintains short on sterling versus Japanese yen despite rally" src="https://www.investmentweek.co.uk/api/v1/wps/95dc75b/7b9edc6b-e80a-463d-bc68-173784c1a032/6/James-Athey-185x114.jpg" /> <p><!--summary start--> James Athey, investment director at abrdn, is maintaining a short position on sterling versus the Japanese yen despite the pound’s recent rally, due to concerns over the worsening outlook for the UK economy. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/95dc75b/7b9edc6b-e80a-463d-bc68-173784c1a032/6/James-Athey-185x114.jpg https://www.investmentweek.co.uk/news/4060947/abrdns-athey-maintains-short-sterling-versus-japanese-yen-despite-rally https://www.investmentweek.co.uk/news/4060947/abrdns-athey-maintains-short-sterling-versus-japanese-yen-despite-rally https://www.investmentweek.co.uk/news/4060947/abrdns-athey-maintains-short-sterling-versus-japanese-yen-despite-rally Tue, 29 Nov 2022 15:58:55 +0000 Fidelity International discounts market optimism for 2023 <img alt="Fidelity International discounts market optimism for 2023" src="https://www.investmentweek.co.uk/api/v1/wps/6325eb6/036a6321-f9dd-43da-a935-19e98f4b89ed/3/ist-13820685-lighthouse-185x114.jpg" /> <p><!--summary start--> Financial markets are being overly optimistic about the direction of the economy, according to Fidelity International chief investment officer Andrew McCaffery, who suggests a soft landing is not on the cards. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/6325eb6/036a6321-f9dd-43da-a935-19e98f4b89ed/3/ist-13820685-lighthouse-185x114.jpg https://www.investmentweek.co.uk/news/4060296/fidelity-international-discounts-market-optimism-2023 https://www.investmentweek.co.uk/news/4060296/fidelity-international-discounts-market-optimism-2023 https://www.investmentweek.co.uk/news/4060296/fidelity-international-discounts-market-optimism-2023 Wed, 16 Nov 2022 18:29:17 +0000 Will the strong dollar continue to spook markets? <img alt="Will the strong dollar continue to spook markets?" src="https://www.investmentweek.co.uk/api/v1/wps/132024e/84486219-8c9e-47c5-9ec9-0712af510b61/6/WHITE-Robert-Momentum-Global-IM-2020-185x114.jpg" /> <p><!--summary start--> We are living in a dollar-dominated world, a fact most famously captured by John Connally, President Nixon's Treasury Secretary, who once told a group of global finance ministers “the dollar is our currency, but it's your problem”. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/132024e/84486219-8c9e-47c5-9ec9-0712af510b61/6/WHITE-Robert-Momentum-Global-IM-2020-185x114.jpg https://www.investmentweek.co.uk/opinion/4059732/strong-dollar-continue-spook-markets https://www.investmentweek.co.uk/opinion/4059732/strong-dollar-continue-spook-markets https://www.investmentweek.co.uk/opinion/4059732/strong-dollar-continue-spook-markets Tue, 8 Nov 2022 09:57:15 +0000 BoE responds to Treasury Committee on expanded emergency bond buying <img alt="BoE responds to Treasury Committee on expanded emergency bond buying" src="https://www.investmentweek.co.uk/api/v1/wps/fdca0bc/778e313f-acca-4770-a727-aa26eea1d96f/8/cunliffe-october13-185x114.jpg" /> <p><!--summary start--> The Bank of England has responded to a Treasury Committee letter asking why it expanded its bond market operation to include index-linked gilts. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/fdca0bc/778e313f-acca-4770-a727-aa26eea1d96f/8/cunliffe-october13-185x114.jpg https://www.investmentweek.co.uk/news/4058361/boe-responds-treasury-committee-expanded-emergency-bond-buying https://www.investmentweek.co.uk/news/4058361/boe-responds-treasury-committee-expanded-emergency-bond-buying https://www.investmentweek.co.uk/news/4058361/boe-responds-treasury-committee-expanded-emergency-bond-buying Tue, 18 Oct 2022 14:17:24 +0000 Sterling rallies on Hunt emergency statement <img alt="Sterling rallies on Hunt emergency statement" src="https://www.investmentweek.co.uk/api/v1/wps/103f1c1/d7db54d3-89dc-4177-a24a-942a7023ab55/14/pound-fund-raise-185x114.jpeg" /> <p><!--summary start--> Sterling gained 1% at the open today (17 October), following the news that the new Chancellor of the Exchequer would be bringing forward fiscal measures in a bid to support markets. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/103f1c1/d7db54d3-89dc-4177-a24a-942a7023ab55/14/pound-fund-raise-185x114.jpeg https://www.investmentweek.co.uk/news/4058203/sterling-rallies-hunt-emergency-statement https://www.investmentweek.co.uk/news/4058203/sterling-rallies-hunt-emergency-statement https://www.investmentweek.co.uk/news/4058203/sterling-rallies-hunt-emergency-statement Mon, 17 Oct 2022 07:22:40 +0000 De Lisle fund opens new share class in response to currency volatility <img alt="De Lisle fund opens new share class in response to currency volatility" src="https://www.investmentweek.co.uk/api/v1/wps/a39a616/cfa91f08-5ce5-457b-9c06-affffe27a874/10/DE-Lisle-Richard-CROPPED-185x114.jpg" /> <p><!--summary start--> De Lisle Partners has launched a new share class for its VT De Lisle America fund in response to the strength of the dollar, Investment Week can reveal. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/a39a616/cfa91f08-5ce5-457b-9c06-affffe27a874/10/DE-Lisle-Richard-CROPPED-185x114.jpg https://www.investmentweek.co.uk/news/4057273/lisle-fund-share-class-response-volatile-currency https://www.investmentweek.co.uk/news/4057273/lisle-fund-share-class-response-volatile-currency https://www.investmentweek.co.uk/news/4057273/lisle-fund-share-class-response-volatile-currency Fri, 30 Sep 2022 12:01:00 +0000 Sterling currency crisis looms: Can the Bank of England steady the ship? <img alt="Sterling currency crisis looms: Can the Bank of England steady the ship?" src="https://www.investmentweek.co.uk/api/v1/wps/e977077/65090c6e-e325-43e8-8acc-634c66e0423d/6/GBP-down-185x114.jpg" /> <p><!--summary start--> What was once a story about the pound depreciating due to a growing Fed-Bank of England policy divergence might have evolved into the early stages of a currency crisis, industry experts argue, as pressure for the UK central bank to hike rates mounts. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/e977077/65090c6e-e325-43e8-8acc-634c66e0423d/6/GBP-down-185x114.jpg https://www.investmentweek.co.uk/analysis/4057081/sterling-currency-crisis-looms-bank-england-steady-ship https://www.investmentweek.co.uk/analysis/4057081/sterling-currency-crisis-looms-bank-england-steady-ship https://www.investmentweek.co.uk/analysis/4057081/sterling-currency-crisis-looms-bank-england-steady-ship Wed, 28 Sep 2022 14:12:05 +0000 Sterling takes a pounding, but is it near its lows? <img alt="Sterling takes a pounding, but is it near its lows?" src="https://www.investmentweek.co.uk/api/v1/wps/79fe253/b46cf457-8ebc-4e43-afc4-1b544e250466/2/COLE-Andrew-Pictet-185x114.jpg" /> <p><!--summary start--> It is perhaps little wonder that investors should be glancing nervously at the pound. The last time inflation ripped higher during the 1970s, a sterling crisis ensued. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/79fe253/b46cf457-8ebc-4e43-afc4-1b544e250466/2/COLE-Andrew-Pictet-185x114.jpg https://www.investmentweek.co.uk/opinion/4056985/sterling-takes-pounding-near-lows https://www.investmentweek.co.uk/opinion/4056985/sterling-takes-pounding-near-lows https://www.investmentweek.co.uk/opinion/4056985/sterling-takes-pounding-near-lows Tue, 27 Sep 2022 10:42:17 +0000 Emergency interest rate hike: 'Overreaction' or too little too late? <img alt="Emergency interest rate hike: &#39;Overreaction&#39; or too little too late?" src="https://www.investmentweek.co.uk/api/v1/wps/bfd4ce1/d0965cbe-ddf6-4681-884d-72749ee4f2cd/10/bank-of-england-185x114.jpg" /> <p><!--summary start--> The investment industry is split on whether the Bank of England needs to deploy emergency monetary policy to help stabilise the UK as the government’s Mini Budget sent markets spiralling. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/bfd4ce1/d0965cbe-ddf6-4681-884d-72749ee4f2cd/10/bank-of-england-185x114.jpg https://www.investmentweek.co.uk/news/4056956/emergency-interest-rate-hike-overreaction-little-late https://www.investmentweek.co.uk/news/4056956/emergency-interest-rate-hike-overreaction-little-late https://www.investmentweek.co.uk/news/4056956/emergency-interest-rate-hike-overreaction-little-late Mon, 26 Sep 2022 15:12:43 +0000 Kwarteng's Mini Budget sees sterling slump to record low versus the dollar <img alt="Kwarteng&#39;s Mini Budget sees sterling slump to record low versus the dollar" src="https://www.investmentweek.co.uk/api/v1/wps/289dd6b/55efd33c-814a-4c6f-9522-8c52acd76100/6/cash-sterling-web-185x114.jpg" /> <p><!--summary start--> The pound has fallen to a record low against the US dollar following UK Chancellor Kwasi Kwarteng's Mini Budget announcement. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/289dd6b/55efd33c-814a-4c6f-9522-8c52acd76100/6/cash-sterling-web-185x114.jpg https://www.investmentweek.co.uk/news/4056882/kwartengs-mini-budget-sterling-slump-record-low-versus-dollar https://www.investmentweek.co.uk/news/4056882/kwartengs-mini-budget-sterling-slump-record-low-versus-dollar https://www.investmentweek.co.uk/news/4056882/kwartengs-mini-budget-sterling-slump-record-low-versus-dollar Mon, 26 Sep 2022 06:36:32 +0000