High yield bonds outperformed virtually all other fixed income asset classes in both 2012 and 2013, and are off to another strong showing so far in 2014.
A fresh record high for US equity markets lifted stocks around the globe overnight, after positive data in the States sent shares soaring.
Aviva Investors has sold its US equity investment management subsidiary River Road Asset Management in an effort to streamline its US business.
Thousands of ‘accidental Americans' could be unwittingly caught by the Foreign Accounting and Tax Compliance Act (FATCA) from July, leaving them exposed to US tax liabilities, Vestra Wealth has warned.
Russian stocks and government bonds fell today after the US and European Union increased sanctions against Russian politicians and business leaders.
The US economy added 175,000 jobs in February, ahead of estimates and confounding fears that continued bad weather would hurt the employment recovery.
Annualised US GDP growth for Q4 2013 has been revised down from 3.2% to 2.4% at the second estimate, with worse-than-expected personal consumption figures to blame.