In part two of our report from Investment Week's Global Investment Focus event, held in London on 13 November, Laura Dew asks our speakers for their views on the markets, and where they are finding the best opportunities right now.
The European Central Bank has warned QE tapering by the Federal Reserve may cause a significant market shock for the eurozone.
Even though the eurozone has left the six quarter long double-dip recession behind, the region is likely to be faced with an unemployment rate of around 12% and an inflation rate well below 2% for at least another six quarters.
Bond managers are buying back into European government debt, as worrying inflation figures revive fears the eurozone could sink into a period of Japan-style deflation.
The most read story on Investment Week's website this week concerned outgoing fund manager Neil Woodford and how Invesco Perpetual is moving to protect investors in his funds.
UK markets have fallen this morning following the surprise announcement yesterday by the European Central Bank (ECB) that interest rates would be cut to 0.25%, and the shock downgrade of France's credit rating.