Time to Fed-proof your investments for 2016

REUTERS/Brendan McDermid In 1994, when the US Federal Reserve hiked rates there was an outflow of capital from emerging economies and a painful correction in Asian equity markets. This time round investors need to Fed-proof their portfolios as rising US rates will impact asset classes and upend assumptions among investors who have forgotten what higher US rates look like. Few analysts are predicting a global meltdown in 2016, but deflation arising from lower commodity prices and slowing demand i...