Those who believe that ‘risk-on, risk-off’ is consigned to the past look away now, with record inflows into US high-yield indicating that sentiment has shifted once again to the spicier end of the fixed income spectrum.
Baillie Gifford has appointed Tom Slater as head of its North American team, taking over from interim head Gary Robinson.
The Fed’s decision to keep rates on hold in September will lead to some complexity for US stocks in the short term, but it is not something about which to be concerned, says Artemis US fund manager, Cormac Weldon.
Miton Group is to hard-close its Global Equity and American mandates following a spate of underperformance and fund outflows.
Bottom-up investing will be crucial to US equity investors as the market enters the next phase of the investment cycle, according to Neptune’s Felix Wintle.
Profiting from the world’s largest and most entrepreneurial economy is never an easy feat and, with equities looking expensive, it is clearly time to be very selective.
Parmenion Investment Management has launched Conviction solution, a client portfolio offering a dynamic active/passive split.
There is nothing to suggest that the US equity bull market is over, says Artemis’ Simon Edelsten, and it has the potential to be the longest in history.
Having surpassed £1bn in assets under management less than five years into its existence, European Wealth’s fearlessness in deviating from its peers is paying off.
Sceptics on US equities heading higher are suffering from bearishness and Janet Yellen should pay less attention to the market, according to UBS’ Tom Digenan.
PIMCO has expanded its global equity offering, teaming up with investment solutions provider Research Affiliates on the launch of a four-strong fund suite.
Invesco Powershares has opened up the S&P 500 Index to UK smart beta investors with the launch of a UCITS-qualified exchange-traded fund.
