Hermes’ Crockford: Investors can benefit from Central Bank policy divergence

The European Central Bank (ECB) and US Federal Reserve have reignited debate on monetary policy divergence, writes Hermes’ Tim Crockford for Fund Strategy. With hawks circling the Fed in anticipation of a December rate hike and ECB president Mario Draghi appearing to have ushered in a new era of deeper quantitative easing, Crockford asks what this means for investors.