Following a survey of 5,000 of its members, the CFA Institute says that on average members expect the global economy to grow 2.0 percent in 2015. For the UK, they expect GDP growth of1.75 percent, in the US 2.20 percent, and in China 6.18 percent.

The S&P 500 index is expected to increase 4.8 percent, the EuroStoxx 50 to increase 1.9 percent, the Nikkei 225 by 1.6 percent, and the US treasury 30-year yield to increase 0.25 percent, say CFA members.

In 2015, 30 percent of all members surveyed expect employment opportunities to increase in their local markets, up from just 14 percent in 2012.

Some 57 percent of respondents say they feel that efforts by global central banks to wind down quantitative easing will have a negative impact on their local markets, down from 68 percent last year.

Almost two thirds of respondents (63 percent) point to a lack of ethical culture within financial firms as the factor that has contributed the most to the current lack of trust in the financial industry.

Market fraud, such as insider trading (25 percent) and the integrity of financial reporting (24 percent), are viewed as the most serious issues facing global markets in 2015. However, 28 percent of members rated the integrity of global capital markets as “excellent”, up from 21 percent in 2014.

Alan Higgins, UK chief investment officer for Coutts, considers the Federal Reserve's decision to leave rates unchanged.

ISDA, the International Swaps and Derivatives Association (ISDA), has launched a new industry data project. 

Independent fund and corporate services provider Crestbridge is to expand into the Cayman Islands in response to continued growth and client demand.

Ahead of today’s US Federal Reserve meeting, independent strategist Olivier Desbarres argues that it is the US Federal Reserve’s lack of a unified message which has kept markets on tenterhooks ahead of the policy meeting.

CME Group, the world's leading and most diverse derivatives marketplace, says it will launch seven-year and 20-year US Dollar Deliverable Swap Futures (DSF) on September 28, 2015. 

By Valentijn van Nieuwenhuijzen, Head of Multi-Asset at NN Investment Partners

Talk about a currency war, doubts about Chinese policymakers’ credibility and worries over the Chinese economic slowdown and its ripple effects have ignited risk aversion among investors.