Federal Reserve

GOLD

The recent hiccup in investor sentiment should not develop into anything more dramatic, writes Rob Burdett and Gary Potter, co-heads of multi-manager at F&C investments.

Lured by higher income levels, multi-asset managers have been moving back into property for the first time since the financial crisis. But are there still gains to be made? Cherry Reynard reports.

Federal Reserve chairman Ben Bernanke last night moved to quell fears there will be a quick exit from its quantitative easing (QE) programme in the coming months, arguing the US economy is not yet in a strong enough position to halt stimulus measures....

The price of gold has continued its decline, falling below the $1,200 mark on Thursday for the first time since August 2010.

A leading member of the US Federal Reserve has tried to calm markets by stressing plans to start tapering its QE programme depend on the economy recovering.

Markets across the globe tumbled overnight after the US Federal Reserve announced it may slow down asset purchases by the end of the year.

US markets followed shares across Europe higher overnight, while the dollar also surged, ahead of the latest Federal Reserve meeting in the States which may map out a QE exit strategy.

Investors should be thinking about cutting their exposure to Asia and emerging markets and looking more to the developed world, according to F&C co-head of multi-manager Gary Potter.

Manufacturing has begun to contract in the US and China for the first time since the Lehman crisis, raising fears of a synchronized downturn in the world's two largest economies.