Markets

Prepare for fireworks as policy uncertainty returns

The UK economy will grow faster in 2014 than any other G7 economy, while low wage rises will ensure interest rates do not rise until next year, an influential report has forecast.

Tesco chief executive Philip Clarke has made a shock departure from the struggling retailer after it issued another profit warning.

Outflows from the Invesco Perpetual Income and High Income funds since news of Neil Woodford's departure have reached 30% of assets - but the launch of his rival fund was seemingly not the major blow some expected.

Global shares and US treasury yields fell on Thursday and Friday while gold soared as investors sought safety following a passenger jet crash in Ukraine.

Shareholders are pushing for corporate investment to spur topline growth. But poorly invested cash could pose a risk to markets, explains Neuberger Berman US manager Charles Kantor.

India's new prime minister is "bold and decisive", but investors should not underestimate the deep rooted problems the economy faces, explains Roderick Snell, manager of the Baillie Gifford Pacific fund.

Marlborough Fund Managers is to overhaul its US equity fund and rename its European equity offering to emphasise its focus on multi-cap investing.

This year's test for active managers has been the sharp sell-off in mid-cap stocks, as many managers focus on this area for stock picking.

CHINA