Story by: Nick Rice, FTAdviser
US GDP will grow slower than anticipated this year, but individual US stocks still offer good opportunities, according to Cormac Weldon, head of US equities at Threadneedle.
Schroders is soft-closing its £465m US Smaller Companies fund as manager Jenny Jones moves to prevent it from becoming difficult to manage.
US fund manager Brown Advisory is launching a US Equity Growth fund on November 2 for manager Kenneth Stuzin.
The dollar is unlikely to remain the reserve currency of choice as China overtakes the US as the world's leading economy, according to Ted Scott, director of UK strategy at F&C Asset Management.
Pictet Funds has teamed up with US value specialists Westwood Management Corporation to launch a US Equity Value Selection fund as part of a move to bring in outside expertise to broaden its product range.
Sir Allen Stanford has allegedly been arrested by US regulators, despite already being the subject of a Federal Bureau investigation in connection with an $8bn fraud.
US president Barack Obama announced a sweeping regulatory revamp yesterday, including giving the US Federal Reserve new powers to oversee banks and companies whose failure could endanger the banking system.
Leading Organisation for Economic Co-operation and Development (OECD) indicators suggest the global recession may be easing, as the pace of deterioration begins to slow.
Positions in technology and cyclicals helped US equity funds in the first quarter as managers felt increasingly that the market had bottomed, according to Standard & Poor's Fund Services.
Positions in technology and cyclicals helped US equity funds in the first quarter as managers felt increasingly that the market had bottomed, according to Standard & Poor's Fund Services.
When it comes to weighing the outlook for equities for the balance of the year, attention should be focused on such factors as the outlook for corporate earnings, the likely course of economic recovery and appropriate levels of market valuation. On these scores, there is considerable reason for optimism.
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There’s something rotten in asset management. Maybe that turn of phrase doesn’t have the same ...