Markets

J.P. Morgan Asset Management's global market strategist Kerry Craig outlines his key predictions for core asset classes, markets, and economies as we move in to 2014.

As 2013 draws to a close, we look back over the major news stories in an eventful year.

Business secretary Vince Cable has warned interest rates may have to rise to hold back a "raging housing boom" in London and the south-east.

The government will permit the transfer of cash saved in now-defunct child trust funds (CTFs) to junior ISAs.

The UK economy grew by 0.8% in the third quarter, confirming previous estimates, the office for National Statistics (ONS) has announced.

J.P. Morgan Asset Management has hired Andrew Larkin, formerly head of strategic partnerships at Neptune, as it refocuses its sales team on its most important clients.

Old Mutual Global Investors is to launch a multi-asset range, offering a range of risk and return profiles, in February next year.

Brooks Macdonald has signed an option agreement to acquire Levitas Investment Management for up to £24m.

Ratings agency Standard & Poor's has retained an AAA sovereign credit rating for the UK but says there is still a one in three chance of a downgrade next year.

Markets have rallied today following the Federal Reserve's move to scale back its quantitative easing programme as the US economy recovers.