In the second of a series of daily videos, Lawrence Gosling speaks to Eclectica Asset Management founder Hugh Hendry about the impact of QE programmes across the globe.
Shares in mining giant drop 11%
In the first of a short series, Lawrence Gosling speaks to Eclectica Asset Management founder Hugh Hendry about his investment approach and market views.
While US interest rates seemingly remain unchanged, the tightening of the shadow funds rate equates to six conventional policy rate increases since the start of 2015, says Hinesh Patel, co-manager on the Old Mutual Global Bond fund
Along with slowing growth in China and the continued weakness in commodities, the focus is turning to higher discount rates in 2016, at least in the US, says Columbia Threadneedle's Chris Kinder.