Barack Obama has led the Democrats to victory in the US elections, being appointed for a second four-year term as President, defeating his Republican opponent Mitt Romney.
Investment veteran Warren Buffett expects US growth to continue "inching ahead" of its Western counterparts, despite the looming fiscal cliff putting the country at risk of slipping back into recession.
BlackRock plans to float a North American equity income investment trust next month, to be managed by Bob Shearer and Kathleen Anderson.
Veteran investor Jim Rogers said he is sceptical about the prospects for the US economy this year despite a recent string of positive economic data from the country.
US unemployment posted a surprise fall in November, down from 9% to 8.6%, supported by an increase in non-farm payroll employment to 120,000 in November.