The fear of contagion spreading from Europe is likely to keep the Fed funds rate low for longer and the rhetoric used by the Fed is unlikely to change as rates are kept low for ‘an extended period'.
US regulator the Securities and Exchange Commission (SEC) has begun proceedings against a former Schroders municipal bonds manager for alleged insider trading.
Japanese funds dominated returns during the first quarter of the year as the region's equity market begins to bounce back from a disappointing 2009.
Baillie Gifford has increased its global equity capabilities with the launch of the Global Alpha Growth fund.
The volatility of the past two months experienced not only by US equities but across the world has been interpreted as evidence last year's so-called ‘dash to trash' is nearing an end.
HSBC Global Asset Management's Guy Morrell believes property fund investors should diversify to include exposure to overseas markets.