US economy continues to heat up
The United States economy showed further signs of heating up as the Department of Labour revealed 295,000 additional jobs had been added during February.
North America
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Is the 5000 point Nasdaq a high water mark
The Nasdaq Composite index’s crossing of the symbolically important 5000 mark this week could be viewed in two very different ways.
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Wells Fargo AM launches US equities fund
Wells Fargo Asset Management is launching its U.S. Select Equity Fund as a sub-fund of its Luxembourg-domiciled vehicle Wells Fargo Worldwide Fund.
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Equity markets as easy to pick as Oscar winners
Despite the subjectivity nature of picking Oscar winners, this year’s bunch were a fairly predictable lot – no surprises, nothing left field and all pretty drab.
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Aviva strikes convertibles fund deal
Aviva Investors has struck a deal with US asset manager Westwood Holdings Group for Westwood to sub-advise the Aviva Investors Global Convertibles Absolute Return fund.
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Threadneedle American Smaller vs Legg Mason Royce
This edition of PAs head-to-head compares two of the best performing US small-cap funds available at the moment.
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US doves on top as jobs number misses forecasts
Monetary policy doves have had their position boosted by a US non-farm payroll number for August which significantly undershot most forecasts.
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Strong US jobs data likely
The United States is likely to release strong jobs numbers tomorrow (5 September) according to economics consultancy Fathom.
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US sends another signal of strength
The United States economy sent out another signal of strength today as GDP was confirmed to be
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Bad time for the industry to be on the beach
It is fair to say that this week is the very peak of the summer as far as the investment industry goes but it could be a bad time to take your eye off the ball.
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US GDP surprisingly robust
The United States Bureau of Economic Analysis has said the US economy grew a surprisingly strong 4% year-on-year during the second quarter.
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Invesco trims back US banks Microsoft
Invesco Perpetual has trimmed down its positions in Wells Fargo and PNC significantly as it is concerned over what it sees as limited upside for US banks.