Add to my collection

William Hobbs, Head of Investment Strategy, UK and Europe, talks to Rupert Howard, Senior Portfolio Manager, about events over the fourth quarter and what he expects from the year ahead.

Although December offered a slightly disappointing end to the year, Rupert reports that overall portfolio returns were good for the quarter and the year due to the strong rally in October following the summer sell-off.

Markets responded positively to the well-signposted rate hike by the US Federal Reserve (Fed) in December. Rupert believes that 2016 is likely to be crucial in understanding the Fed’s future rate intentions as there remains a significant divergence in opinion between what the Fed is signalling and what the market is expecting.

Download the graphs referred to [PDF, 27KB]