The good news for investors over the last year is that absolute returns have been positive, but the bad news is that valuations have been pushed up as fundamentals have moved in the opposite direction. The question now is: how does this divergence get resolved in 2020 given that central banks have delivered?

Conventional wisdom suggests that US recessions usually follow an inverted yield curve. Given that the US yield curve has once again inverted, should we assume that a recession is on its way?

We asked Paul Niven of F&C Investment Trust – the world’s oldest collective investment scheme – about the advantages of the trust structure and the art of late-cycle gearing

Japanese equities have faced external headwinds over the last 12 months. Fidelity Japan Trust PLC’s Nicholas Price reflects on why he has been adding to out-of-favour tech stocks

Capital Group’s Jeremy Cunningham explains how the firm is managing the environment where low – and even negative – interest rates are becoming the norm

PIMCO believes that negative rates policy does not have much further room to run. In this article, we discuss the implications for investors.