ON JAPAN

F&C's Ted Scott explains why he thinks QE is a victim of a classic liquidity trap

Hornbuckle Mitchell's Mary Stewart examines the government's revamp of the tax relief system and the implications this could have for property investors

Legg Mason's David Nelson believes the Fed's second round of quantitative easing should help drive US stocks higher -but not without risks

ASHBY'S ANSWERS

The RDR has become Smaug, the dragon from The Hobbit.

India has been one of the top-performing markets of the last few years as investors have bought into the investment story of rapid growth, strong demographics and an emerging middle class.

The £377m BlackRock UK Smaller Companies fund is looking to up its weightings at the small- and micro-cap end of the scale as Ralph Cox takes full control of the fund.

TIP OF THE WEEK

Innovative new national pension scheme called NEST seeks attentive, well-established fund managers willing to work hard for a small amount of money but lots of prestige.