United States

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

ON THE US

ON ASSET ALLOCATION

GLOBAL ECONOMY

The asset management division of US banking group Wells Fargo is making its US-domiciled emerging markets fund available to UK investors as a Luxembourg Sicav.

Bank stocks rally post-Basel III was symptom of short-term relief, but may not be sustainable

Long the Western bond markets…for the time being

Renowned fund manager Bill Miller of Legg Mason says after years of underperformance, the current market represents a "once-in-a- lifetime opportunity" to buy US large caps at a significant discount.