Alliance Trust has suffered a slowdown in returns in the third quarter which it said was due to its high allocation to US equities.
The US Federal Reserve has yet again kept its bond buying programme unchanged, in a move that signals a less optimistic outlook for US economic growth.
Bertrand Cliquet, fund manager of the Lazard Global Listed Infrastructure Equity fund, explains why infrastructure asset prices in North America are materially overvalued.
Janet Yellen's appointment as chairman of the US Federal Reserve could see tapering of quantitative easing (QE) as early as December, experts say.
With the summer an increasingly distant memory, fund managers are now back at their desks and starting to navigate Q4 - that is, with a few notable exceptions.