Jerome Powell (right) was recently sworn in as new Fed chairman

Jerome Powell (right) was recently sworn in as new Fed chairman

  • Steven Andrew
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2017 was a transitional year: for the first time since the global financial crisis, investor sentiment began a gradual - though seismic - shift away from fear towards optimism, writes Steven Andrew, multi-asset fund manager of the M&G Episode Income fund.

This seems likely to continue throughout this year. But such a shift is rarely undertaken without the occasional misstep and reversal.   With a new batch of uncertainties awaiting investors - among...