Veteran investor Jim Rogers said he expects the US to lose its AAA-credit rating following last week’s move by Standard & Poor’s to downgrade its outlook for the country to negative.
Speaking exclusively to Investment Week, Rogers said the ratings agency should have slashed the country’s debt rating already, and he expects it to do so as the US becomes ever more indebted. “Eventually...
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Investment Week editor Katrina Lloyd is joined by a panel of industry experts to discuss the US economy, presidential election, and prospects for equity markets.
Following the crescendo of the European sovereign debt crisis in 2011, scepticism plagued investors across the continent, leaving the economy in a fragile, lethargic state.
Only 26% of investment trusts launched between 2000 and 2009 are still going strong, while the rest have been wound up due to poor performance, wide discounts or because their mandate is no longer relevant, according to Numis Securities.
Gubriy appointed head of global REIT funds