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The Fed Ploughs Ahead
Against a strong economic backdrop and low-level inflation, the US Federal Reserve (Fed) has kick started its balance sheet-reduction programme, paving the way for further tightening.
BoE Puts Its Foot Down
"The Bank of England’s (BoE) trade-off is beginning to give the central bank some discomfort: engaging in record low interest rate policy to promote job growth at the expense of the damage to real incomes is growing more risky, as unemployment falls to 30-year lows and CPI inflation rises to 2.9%."
Old Mutual Global Investors strengthens DACH distribution team
Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, has appointed Benjamin Hüegli as sales director, DACH, signalling the business’s ongoing commitment to growing its presence in the Swiss, German and Austrian markets.
Bank of Canada rate hike signals confidence in business cycle
Nicholas wall, portfolio manager, Old Mutual Strategic Absolute Return Bond Fund, Old Mutual Global Investors, comments on the Bank of Canada’s interest-rate increase.
UK inflation data back BoE - giving greenlight for a weaker pound
Mark Nash, head of global bonds, Old Mutual Global Investors