Following the sharp market rally of 2009, emerging markets have experienced something of a flat start to 2010 in sterling terms.
Since the start of the year, sterling has weakened materially against the US dollar, and slightly against the euro. For owners of UK equities this is a mixed blessing.
Following the strong performance demonstrated by most main risk assets during 2009, the start of 2010 saw volatility return to the markets.
Management teams of US companies appear to be in wait-and-see mode as they can still see several hurdles the economy needs to get over in order to ensure future growth.
The near-term outlook for sterling credit continues to look positive, encouraged by an increasingly robust corporate sector, a slowly improving economy, and a favourable market environment.
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My post-graduate economics supervisor suffered from one of the most debilitating and chronic diseases known to afflict academics.
Lazard's Alan Clifford says UK investors need to be more creative than ever to achieve both capital appreciation and yield premiums
Liontrust's Anthony Cross believes fund managers are becoming too short term in their thinking.
The three main political parties have now all revealed their slogans to attract the electorate in the forthcoming elections and it will not be long before the official date is called - 6th May still looks favourite - and they publish their manifestos....