Investment

Quality investors have no doubt had their conviction 'severely tested' of late

'It's a complex backdrop for investors'

Takes tiered pricing approach

Follows 'substantial debate' over regulator's role

'This is a year for careful, defensive positioning'

'Not an investment that fits all, but a clever opportunity for some'

Trustees expected to ‘breathe a sigh of relief’ at the House of Lords vote to remove the power

Currently trading at around $109 per barrel after surpassing $115

Brokers criticise the move

Uncertainty over central bank rates