The Federal Reserve raised interest rates for the fourth time this year but lowered its projections for future hikes next year.
As markets had anticipated, the Federal Open Market Committee (FOMC) increased the funds rate to between 2.25% and 2.5%, however it lowered its expectations from three rate rises in 2019 to two. Despite...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective