US
US
Threadneedle has launched a SICAV version of the $1.5bn US Contrarian Core fund run by sister company Columbia Management.
17 October 2011
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US
PIMCO chief executive Bill Gross has increased exposure to mortgage-backed securities (MBS), widely blamed for the collapse of the US financial system in 2008 and the cause of the credit crunch, on his $242bn Total Return fund.
12 October 2011
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US
The head of HM Revenue & Customs (HMRC) is to be quizzed by MPs this afternoon over claims he allowed Goldman Sachs to escape £10m in interest payments on an offshore tax avoidance scheme.
12 October 2011
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US
Baring Asset Management has appointed Michael Simpson to the role of head of Latin American equities as it moves to expand its presence in the space.
10 October 2011
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US
US markets dropped on the opening bell as investors braced for three sets of unemployment data including Friday's September non-farm payroll figures.
05 October 2011
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Asia
China has warned of a possible trade war as the US Senate voted in favour of debating laws which could pressure it to let the renminbi rise.
04 October 2011
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US
The Federal Reserve's latest cunning plan seems to have been misinterpreted by many, but not by Mr Market. This is less of a money-printing exercise, á la QE1 and QE2, than an attempt to flatten the yield curve.
30 September 2011
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US
Investors have accused the Federal Reserve of ‘fiddling while Rome burns' after its latest attempt to support the US economy was followed by a brutal market sell-off.
26 September 2011
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