US GDP climb slows down
Growth in the US economy slowed in the last three months of 2016 according to early estimates from the Bureau of Economic Analysis released on Friday.
Growth in the US economy slowed in the last three months of 2016 according to early estimates from the Bureau of Economic Analysis released on Friday.
United Kingdom based income investors will need to look beyond home shores in 2017, according to a Kames Capital fund manager, with better opportunities for income in the US and Asian markets.
BMO Global Asset Management’s Gary Potter revised his funds’ underweight US position to neutral after the election, but did not back down from his convictions on Japan and Asia despite Donald Trump’s trade rhetoric.
US president-elect Donald Trump must show some backbone and repeal the Foreign Account Tax Compliance Act (Fatca) as a priority, says deVere founder and chief executive Nigel Green.
Tilney Bestinvest’s clients continued to put money into US tracker index funds in October despite markets being spooked by the potential outcome of the presidential election.
The confidence of North American investors diminished by 10% between July and August, and this could be further hit by a Federal Reserve decision to raise rates, suggested Kenneth Froot of State Street Global Exchange.
The US is in a period of “growth pause” rather than lapsing into recession, with long-term equity opportunities in technology and healthcare companies, according to Franklin Templeton’s Grant Bowers.
Lazard Asset Management (LAM) has launched the Lazard US Equity Concentrated Fund.
Will higher wages and lower prices actually lead to a stronger consumer? That’s the question of the day as we move into 2016, according to Dominic Rossi, global CIO of equities at Fidelity International.
The upward revision to US GDP data may not suggest real strength in the US economy, but it cements the case for a December rate rise, argue fund managers.
Barings’ Multi Asset Group has upgraded equities to “preferred”, amid encouraging signs of US growth.
Aberdeen Asset Management has soft-closed its recently-acquired private equity vehicle after committed capital exceeded the fund’s target figure.