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
Fund reaches three-year track record
In the second of a two-part series, fund managers reveal how global central bank decisions are impacting investors and their strategies.
Rate uncertainty weighs on markets
Carney pointed to emerging market 'drags'
Follows dovish November Inflation Report
Dependent on employment and inflation