Developed market equities have been one of the top-performing asset classes so far this year, but the UK’s FTSE 100 index has lagged well behind its peers. We think a weaker pound and a cyclical...

We have revised some of our key forecasts for emerging market (EM) bonds and equities. On average, we now expect larger increases in credit spreads and smaller gains in stock prices than before. Our...

Fears that the end of the Fed’s purchases will lead to a further surge in Treasury yields are almost certainly overdone. What’s more, even if long-term interest rates do continue to climb in the US...

Sterling has been the best performing major currency in recent months, rising from $1.50 in the summer to $1.63 now. Nonetheless, we expect it to come under pressure again before too long and...