City Financial's Williams in fund quant easing warning

Williams, the Charteris Treasury Portfolio Managers CEO, says the UK faces major inflationary concerns beyond the middle of next year, as the full effects of the Bank of England's (BoE's) quantitative easing policy is felt. The UK Government last week pledged an extra £50bn to its quantitative easing plan, which involves the BoE effectively printing money to buy Government and corporate bonds. It originally pledged £75bn but says it is on track to spend this by June. Williams has positioned his Strategic Gilt portfolio on his strong inflation expectations, with the fund holding a large ...