UK

Investors face a volatile summer as fear and greed lock horns...

ASHBY'S ANSWERS

The contrast between the confidence that drew the FTSE All-Share index towards an 18-month high at the start of April, and the panic that has enveloped markets since then is stark.

With the general election behind us and the economic recovery continuing, the outlook for UK equities is one of reasonable growth.

Jupiter CIO John Chatfeild-Roberts says recent market volatility can offer opportunities for investors, but warns they must protect their capital as much as possible.

Swip head of international equities Michael McNaught-Davis believes the possibility of slipping back into a global bear market has increased to 40% in recent weeks.

Prudential has confirmed it is in discussions with AIG over altering the terms of its controversial £24.5bn proposed takeover of AIA.

Jupiter's Philip Gibbs has revealed he sold his entire stake in Prudential on the first announcement of its proposed takeover of AIA, believing it is a "very, very expensive deal".

Investec Asset Management, which runs over $4bn in active currency funds, believes sterling is the cheapest of all major global currencies.

Miton manager Martin Gray shares his thoughts on the currency markets and why UK interest rate rises are more likely to come in years, not months.