Multi-asset: Manager positions ahead of Fed rate rise

Shifts in currency and equity positions

Natalie Kenway
clock

Multi-asset managers have been re-positioning their portfolios ahead of the first rate rise in the US since 2006, widely expected to come next month...

While some have chosen to add to US equity positions, which look to benefit from a strengthening dollar, others have reduced their exposure to the greenback in the belief the rate hike has already been priced in to the markets. This morning, Federal Open Market Committee minutes revealed most members are in favour of a rate hike next month, as long as there are no "unanticipated shocks", but a few members said the US economy may not be ready to withstand a rise on 16 December, leaving the door open to a final decision. Here, Investment Week talks to a number of multi-asset managers ab...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Managed solutions

Multi-asset sentiment indicator: Positive view on UK equities

Multi-asset sentiment indicator: Positive view on UK equities

'UK equities remain cheap when compared to overseas'

Paul Ilott
clock 13 March 2024 • 5 min read
Insourcing is 'evolution not revolution' for advice firms

Insourcing is 'evolution not revolution' for advice firms

‘We see it as an elegant halfway house for both advisers and their clients’

Isabel Baxter
clock 05 March 2024 • 2 min read
Timeline portfolios go live on SS&C Hubwise platform

Timeline portfolios go live on SS&C Hubwise platform

Move to ‘drive down costs and improve results’ for advisers

Jenna Brown
clock 28 February 2024 • 1 min read