Investors have questioned the ‘safe haven' status of gold as the US dollar shows signs of ending its long-term decline.
Neil Woodford has told Investment Week a "fragile" UK economic recovery could yet mean base rates stay at a record low for the next three years.
Boutique investment house Newscape Capital Group has closed its poorly-performing Dynamic Rates & Currency fund less than two years after bringing it to market, and has also shut its Absolute Bond fund, Investment Week understands.
We are increasingly hopeful of a pick up in global growth in 2013. Developments in the US should mean the next upswing will be more sustainable. The Fed has committed to maintaining loose monetary policy long into the upturn, even if this causes inflation...