US

Hard data lagging soft indicators

Manages AUM of $90.6bn

US bank stocks have rallied hard since the US elections in November with the S&P bank index climbing 24% from election day.

'Highly selective approach'

BofA Merrill Lynch survey

Further momentum for corporate profits

Slowdown of growth in the US

Joined start-up firm last year

Expected withdrawal of QE

Performance of commodities has big impact on markets