US equity specialist Cullen Capital Management is expanding its reach into the UK with the launch of a second UCITs vehicle, the Cullen US Enhanced Equity Income fund.
Fidelity Worldwide Investment (FWI) is to expand its range of FAST funds with the launch of a US portfolio for manager Adrian Brass as it moves to create a US equity research desk that can "rival anything in London".
Legg Mason Capital Management veteran Bill Miller is backing airlines in his Opportunity fund, a sector he said has been "uninvestable" until recently.
Conditions for the US housing market have never been better, according to US-based investment banking and brokerage company, Charles Schwab.
Legg Mason Capital Management's US fund manager Mary Chris Gay has exited the firm, Investment Week can reveal.
Berkshire Hathaway (BRK), the insurer headed by billionaire Warren Buffett, has been downgraded by Standard & Poor's from AA+ to AA.
Hugh Hendry has backed Japanese equities to continue their stellar start to 2013, but is also boosting exposure to sovereign bonds on concerns Japan's recovery will have harmful effects elsewhere.
Dalton SP's Nabeel Mughal has cut consumer discretionary stocks and piled the cash into industrials on fears over the strength of US consumer spending.
Legg Mason is introducing a sterling-hedged share class on its offshore Legg Mason Royce US Small Cap Opportunity Fund in response to client demand in the UK.