Acknowledging that the forecasting consensus has missed many of the big stories of recent years, analysts at HSBC have attempted to outline the biggest potential risks for investors in 2015.
Veteran manager Anthony Bolton said he had "no idea what was coming" when he handed over management of the Fidelity Special Values investment trust in 2007.
'We will not be hiring any more big names'
New rules have been announced by the Financial Stability Board (FSB) that propose preventing large banks from being bailed out by the taxpayer.
HSBC has put aside $378m (£236m) to cover the cost of an investigation into foreign exchange manipulation and reported third-quarter profits that missed forecasts.
Two directors of HSBC's UK arm are poised to quit in protest at new Bank of England rules that pave the way for lengthy jail sentences to be imposed on senior managers of failed lenders, according to reports.
Large-cap funds in the UK Equity Income sector have increased the concentration of their top ten holdings even as the UK's largest stocks begin to struggle, data compiled for Investment Week has revealed.
HSBC has vowed to fight a $250m (£151m) lawsuit brought against it over its alleged involvement in the Keydata scandal.
Investors are turning to US dollar-denominated assets in anticipation of further sterling weakness as the referendum on Scottish independence nears.