Asset managers are widely anticipating a US interest rate increase to be announced by the Federal Reserve, but expect chair Janet Yellen to "disappoint" markets with a dovish outlook in the face of President-Elect Donald Trump's expansionary fiscal policy plans.
Following a two-day meeting of the Federal Open Market Committee (FOMC), the Federal Reserve is expected to announce an increase in the target range for its federal funds rate to between 0.5% and 0.75%...
Targeting €1trn AUM by end of 2020
Groups firming up plans
Managed by Jeff Kernagis
Apollo Multi Asset Management has taken over the offshore multi-asset business of Frontier Investment Management.
Re-elected in September