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
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.
The game of 'chicken' being played out by US politicians could increase the risk of a double-dip recession, Bank of America warns.
Worse-than-expected economic data from the US last week reignited fears of a double-dip recession, but managers are cautiously optimistic the economy will remain supportive of global growth.