Conditions may worsen
Markets across the world respond well to 0.25% increase
Following first US rate hike since 2006
Widely expected by industry
Antoine Lesné, head of ETF sales strategy EMEA at State Street Global Advisors, analyses what an interest rate hike by the Federal Reserve would actually mean for investors, and how they should be positioned.
Ex-ECB president Trichet also appointed
While US interest rates seemingly remain unchanged, the tightening of the shadow funds rate equates to six conventional policy rate increases since the start of 2015, says Hinesh Patel, co-manager on the Old Mutual Global Bond fund
Up from 10% in August