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Global Investment Outlook 2014

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Outsized U.S. stock gains may not be in the cards for 2015

NEW YORK The Federal Reserve still has its punchbowl out there as it tries to keep the economic growth party going, but investors in U.S. stocks might see less of a kick from it next year than they've seen in the past.

HIGHLIGHTS DAY 4: Munis let you 'sleep at night'; Russia bets

NEW YORK Following are highlights from Day 4 of the Reuters Global Investment Outlook Summit, where investors spoke on topics such as the direction of Federal Reserve policy and their best investing plays for 2015.

2015 seen as year of dollar strength - unless it delays Fed hike

LONDON Investment chiefs at the world's biggest asset managers this week unanimously forecast a stronger dollar in 2015, but they were far more cautious than many big banks on how far it would rise against the euro.

Russian assets remain dangerous but not untouchable

LONDON Sanctions-hit Russian assets, weighed further by this year's collapse in energy prices and subsequent rouble slide, remain dangerous territory for many global investors but they are not seen as untouchable and some are scouting opportunities.

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Wells' Patel sees US stocks doing 'surprisingly well' in 2015

NEW YORK Margaret Patel, senior portfolio manager at Wells Capital Management, said on Thursday that the U.S. stock market should surprise to the upside next year and that the Federal Reserve will not raise rates until potentially 2016. | Video

Money managers see Fed struggling to raise rates in 2015

NEW YORK Big money to the Fed: You're going nowhere next year.

Toll roads more attractive on lower gas prices: Lebenthal

NEW YORK Toll roads are becoming a more attractive investment as lower energy prices provide a greater incentive for drivers to use their cars and boost the use of toll roads, Gregory Serbe, portfolio manager at municipal bond specialist firm Lebenthal Asset Management, said on Thursday. | Video

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Investors overpaying for yield after years of low rates

NEW YORK Six years of interest rate suppression by the U.S. Federal Reserve has driven up prices for high-yielding assets and forced investors searching for income to overpay for everything from junk bonds to stocks that pay big dividends, top money managers told the Reuters Global Investment Outlook Summit this week.

Full European QE unlikely in 2015, says UBS wealth arm

LONDON A gradual pick-up in euro zone economic growth and inflation next year makes it likely the European Central Bank will not resort to a much-anticipated sovereign bond buying program, UBS Wealth Management says.

Election, EU uncertainty to add risk to British markets

LONDON Investors in British assets may be headed for a year of uncertainty as the developed world's second fastest growing economy faces something more usually associated with emerging markets: political risk.

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Peters describes Fed approach to hikes as 'later, lower, longer'

NEW YORK Greg Peters, who helps manage more than $534 billion in assets as senior portfolio manager at Prudential Fixed Income, a unit of Prudential Investment, said on Wednesday the Federal Reserve will raise benchmark interest rates later in 2015 and more gradually than many believe. | Video

Speakers