China is taking centre stage, says Coutts report 24/10/2013 Chinese policymakers meet this quarter to set the big policy agenda for the next ten years. Radical measures are expected, and these next big steps take China to centre stage, according to Coutts’s inaugural Global Economic Quarterly.
Investment company sector ‘on track for record year' 23/10/2013 The investment company sector is on track for a record year with net inflows of £1.7 billion up to the end of September 2013, not far off the previous record high for the whole of 2008 of £2 billion, according to data from J.P. Morgan Cazenove.
Fantasy, IMF forecasts and real return investing 09/10/2013 Economic forecasts have a justified reputation for being useless. (Trust me as someone who once spent three years at a macroeconomic forecasting institute I think I can speak from first hand experience on this one). And given its forecasting record the forecasts produced by the International Monetary Fund (IMF) are probably worse than useless. So the news that it has again upgraded its 2013 UK growth forecast to 1.4 percent, the second time it has done so since April should be greeted with the usual amount of derision.