oil

Hedge fund manager Crispin Odey has warned major economies are entering a recession that will be "remembered in a hundred years".

Richard Titherington, chief investment officer emerging market equities at J.P. Morgan Asset Management, takes a closer look at the benefits of dividend-paying stocks as investors struggle in a challenging environment

The after-effects of the oil shock

The price of Brent crude oil has moved back above $49 a barrel following the death of Saudi Arabia's ruler King Abdullah overnight.

BP group chief executive Bob Dudley is expecting oil to remain at current low levels for up to three years, leading to job losses and falling investment in the oil sector.

Eagle Asset management's US equities manager Ed Cowart has called on investors to not ditch energy stocks, after the price of Brent crude oil plunged towards a six-year low.

Old Mutual Global Investors' head of equities Richard Buxton has said he is 'deeply sceptical' of the impact quantitative easing will have on the eurozone.

M&G has written to investors in its £9.5bn Global Dividend fund and acknowledged "there may well have been some complacency" around underperforming stocks in 2014.

The World Bank has cut its global growth forecast, warning the US alone cannot drive an economic recovery.

Figures released this morning by the Office for National Statistics showed UK CPI inflation fell to a surprise 0.5% in December, the lowest level since May 2000. We round up the reaction from leading investors and economists.