The writer is co-head of investment and group chief investment officer at SchrodersThe market misery of 2022 was almost universal, inflicted by a seismic regime shift towards both higher inflation and higher interest rates.Investors faced by tumbling equities couldn’t find the sanctuary in bonds they…

Investors are piling into emerging market stocks and bonds at a near-record rate, as falling inflation and the reopening of China’s sprawling economy help reverse last year’s slide. Emerging equity and debt markets have attracted $1.1bn a day in net new money this week, according…

The US dollar has wilted against its peers in the opening month of 2023 as the Federal Reserve fades as the key driver in currency markets and investors focus on the policies of other major central banks. The Fed’s campaign of big rate rises captivated…

New cash flows for Vanguard fell by half last year in a slowdown that leaves the world’s second-largest asset manager trailing farther behind its larger rival and closest competitor BlackRock. Net investor inflows dropped to $151bn in 2022, down 49.6 per cent on the $299.4bn…

There is never a good moment for the US government to hit its ceiling for debt issuance — and spark speculation about a potential looming default if Congress refuses to raise it. Now, however, is particularly inopportune timing for this fight. That is partly because…

Pakistan has abandoned controls on its currency exchange rate as authorities attempt to revive an IMF bailout, sending the rupee to a record low as the crisis-hit economy risks collapse.Pakistan’s central bank has in recent months enforced an unofficial exchange rate for money changers that…