date:Sep 22, 2013
neutral from outperform.
Traders were also looking to cash in their chips after this week's rally on global equity markets which was led by the Fed's decision to hold off on scaling back the wash of money it is pumping into global capital markets.
The programme has hit returns on bonds and driven investors over to the better returns on offer from stock markets, with the FTSE 100 up 12 percent since the start of 2013.
However, Psigma Investment Management's Tim Gregory said that the Fed would