Fund managers are employing a number of strategies to guard against rising inflation, but argue better value can be found outside the UK index-linked market as demand soars.
Expectations of a move higher
Lael Brainard said case to tighten is 'less compelling'
Expect market volatility to pick up
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Nicolas Walewski, manager of the Alken European Opportunities fund, analyses the prospects for Europe's auto sector, which has been one of the poorest performers in Europe this year.
Value investors have been forced to endure a prolonged period of underperformance, as extreme market dislocations caused by central bank policies have boosted the appeal of growth counterparts.
It remains difficult to interpret pre-and post-Brexit trends but much of the latest data points to a resilient economy, with high employment and signs the housing market and consumer spending have weathered the initial storms.