United States

ON NORTH AMERICA

Bank of England Governor Mervyn King has thrown his weight behind breaking up the banks as part of reforms to protect the taxpayer from another financial meltdown.

Niall Ferguson knows a thing or two about bubbles, having examined at least eight in The Ascent of Money, his thorough analysis of the financial world.

FUND MANAGER FOCUS

TIP OF THE WEEK

ON NORTH AMERICA

River & Mercantile's Alex O'Reilly has his highest weighting to the US relative to history as a result of low valuations in the country.

Threadneedle's Cormac Weldon has reduced his fund's allocation to banks after being hit by consolidation among cyclical stocks earlier this year.

ON THE US

COMMENT