The potential of higher interest rates and a slowdown in the global economy should be bad news for high yield bonds, but default rates remain low and many believe the sector is well placed to ride out market volatility 

In the hands of concentrated managers, portfolios can outperform benchmark indices even in the highly efficient US equity market

Wealth managers do not have to be talented futurologists to know that the rebalancing of the global economy means higher volatility. 

The structured products market is smaller and very different to how it looked in its pre-crisis days but these vehicles still have a role to play in client portfolios

Events in Greece and China and the resulting stockmarket volatility have led to an upsurge in the popularity of money market funds, but this could prove short-lived with new regulations poised to take effect

Sources of growth in the global economy are shifting with growth in developed markets accelerating, while emerging markets, and China in particular, have slowed. With lower oil prices and predicted interest rate rises to consider as well, how should investors tackle asset allocation? 

A hike in interest rates by the Federal Reserve has been clearly signposted while emerging markets have better growth prospects than they did two years ago, but the developing world continues to eye central bank actions with trepidation

China continues to open up to foreign investors and although stockpickers have faced a tough time outperforming benchmarks of late, the right managers can add alpha