BNY Mellon

The Bush era tax cuts due to expire at the end of the year could send the US economy back into recession unless Congress intervenes, according to leading commentators.

Three brave finance professionals are preparing to undertake a gruelling walk to the North Pole, with the aim of raising £1m for worthy causes.

Slowing industrial production is the largest headwind facing Northern Europe in the near term, according to Newton's bond manager Paul Brain.

BNY Mellon's subsidiary Insight Investment has launched a UCITS IV version of its institutional absolute return bond fund, while fixed income subsidiary Standish Investment Management will bring an EM debt fund to the retail market in June.

Investment Week has revealed the shortlist for its 17th annual Fund Manager of the Year Awards.

BNY Mellon has appointed PeterPaul Pardi as global head of distribution.

US

The Boston Company AM's Saffaye analyses recent US data.

BNY Mellon has named Simon Nichols as lead manager on the £290m Newton Bridge fund, replacing Caroline Tye.

Santander multi-managers Tom Caddick and Toby Vaughan have bought into the BNY Mellon Absolute Return Equity fund as they take a "relatively cautious" view on risk assets.