Good morning and welcome to your Morning Briefing for Tuesday 15 February, 2022. To get this in your inbox every morning click here. Glimmer of hope After a disappointing year in 2021, UK equities have outperformed their global peers in recent weeks. Inflation and cheap prices are indeed favouring movements of
Chris Iggo is the chief investment officer for core iinvestments with AXA Investment Managers. An experienced leading thinker on asset allocation in traditional markets, Chris has over 30 years’ experience in the investment industry, with previously assumed roles including head of strategy at Cazenove Fund Management, and chief US economist and chief European economist at Barclays Capital.
Central banks will not withdraw monetary policy support until inflation rises above 2 per cent for a sustained period. While a modest increase is to be expected, it is unlikely to be enough to push interest rates higher for some years to come.