Volatility returns? Wealth managers' verdict on the death of QE

With the era of US quantitative easing now drawn to a close, Investment Week spoke to five wealth managers about the possible consequences - and the likelihood of the taps being turned back on.

Last night the US Federal Reserve confirmed it had ended its final $15bn in monthly asset purchases, following a tapering process that began in December last year. Below, wealth managers give their verdict. Glenn Meyer, head of managed funds at RC Brown Investment Management "There will be increased volatility. Markets get used to sugar rush of easy money. Volatility will also increase because investor returns on low risk assets have been virtually nothing. "Investors have been pushed to riskier assets and they may feel uncomfortable with this, so volatility will increase as they r...