News
US
Legg Mason Capital Management guru Bill Miller talks to IW about current investor behaviour, dividends, the dreaded double dip and more...
16 September 2010
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US
Renowned Legg Mason manager Bill Miller bought a large stake in Transocean at the height of the BP turmoil, believing the owner of the stricken Gulf of Mexico rig got oversold during the crisis.
16 September 2010
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1 min read
US
Legg Mason Capital Management's Bill Miller believes equity markets are capable of seeing solid gains by year end as investors become more confident in the US recovery.
16 September 2010
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Investment Trusts
F&C will retain the £617m Commercial Property trust (FCPT) mandate following a failed takeover bid by Ignis-managed UK Commercial Property trust.
16 September 2010
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Equities
Sector Investment Managers is renaming its Junior Mining fund to better reflect its 90% allocation to gold miners.
16 September 2010
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Economics
UK retail sales fell by 0.5% in August, surprising economists who had expected a 0.3% rise.
16 September 2010
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1 min read
Investment
The manager of Jupiter's Japan Income fund says Japan's move yesterday to weaken the yen was welcome, but not enough to make investors truly positive on the country.
16 September 2010
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US
Warren Buffett has begun unloading shares in ratings agency Moody's as the group's share price hit $25, CNBC reports.
16 September 2010
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Investment
The FTSE 100 failed to respond to broker upgrades and healthy earnings reports in early trading, advancing only six points, or 0.1%, to 5,562.37 points.
16 September 2010
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1 min read
Bonds
Bill Gross' Pimco, the world's largest bond manager, has made a $8.1bn bet the US will not suffer a decade of deflation similar to Japan in the 1990s.
16 September 2010
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