BNP Paribas’ economists have provided their latest thoughts on developments around quantitative easing in the US, and the EU’s proposed banking union.
Manish Singh, head of Investment Services at Crossbridge Capital, takes the view that the US fiscal cliff poses a great threat to all investors.
The gold spot price rose to its highest level this year yesterday as global equity markets started the quarter with strong rises.
Russell Investments’ chief investment strategist Erik Ristuben explains that investors are looking ahead for signs that QE3 and efforts to implement fiscal federalism in the European Union will help stimulate and stabilize the global economy.
Stewart Richardson, CIO of RMG Wealth Management, based in London, says there is evidence the FOMC at the US Federal Reserve is starting to split apart over the application of further QE measures.
As the US Federal Reserve sets out to discuss monetary policy at its latest meeting 31 July-1 August, Pictet Asset Management’s Luca Paolini reviews the arguments for further easing.
The Bank of England will continue with its quantitative easing programme until it owns all of the gilt market not controlled by life companies, according to Schroders’ Gareth Isaac.
With the Bank of England expected to announce further quantitative easing measures on Thursday, Aruna Karunathilake, Portfolio Manager of Fidelity Worldwide Investment’s UK Aggressive Fund assesses the impact on investors.
A brighter European macroeconomic backdrop is seen by some fund selectors, although the benefits of managers with silver hair and a safety-first approach are still in demand.
Bill O’Neill, chief investment officer, EMEA at Merrill Lynch Wealth Management, says in his latest weekly outlook that the key test is how markets may benefit from liquidity – assuming there is no more bad news from Europe.
Mark Burgess, chief investment officer at Threadneedle Investments, says that it is time for the ECB to consider turning on the printing presses.
Carolus Reincke is a fund selector at Finnish group FIM, a manufacturer that also provides discretionary management in the domestic market. He tells InvestmentEurope about factors weighing on allocation decisions.