The UK has remained firm on its economic recovery path so far this year, but political turmoil in the Middle East, combined with central banks' inability to make firm decisions on rate rises and monetary policy, are threatening to throw markets off track. So what are the key risks investors should be aware of in the second half of 2014?
So what are the key risks facing investors as we start the second half of the year? Below, top managers from across the industry reveal their concerns. Jonathan Waghorn, co-manager, Guinness Global...
Four potential outcomes
Industry members abseil down Broadgate Tower
Changes made on 14 September
Hired as portfolio manager in global equity income team
'Three cycles are colliding'