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The Economic Update - February 2014

Download The Economic Update - February 2014

Summary of the February 2014 FSP Economic Update:

  • 2014 started on a poor note for growth assets as the commencement of tapering of quantitative easing (QE) by the US Federal Reserve (the Fed) coincided with an increase in market volatility.
  • Emerging market (EM) equities underperformed their developed market counterparts in January, with the MSCI emerging markets index falling by 6.6% in US dollar (USD) terms.
  • Concerns over g…

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