North America
Positivity meets uncertainty in a global equities dilemma
Despite positive economic indicators, uncertainty over US interest rates, political risk and high valuations are casting shade on global equities, says Rory McPherson, head of investment strategy at Psigma.
MSCI: UK worst performer in June
The UK was the worst performing single country index in June while Canada was the best, according to data by MSCI.
US giant enters Indonesian life insurance market
US-headquartered Prudential Financial has entered the Indonesian life insurance market in a joint venture with a unit of local group CT Corp in Jakarta, the companies said in a statement.
Managers slash US weighting to nine-year low
Global fund managers’ exposure to US equities has fallen to its lowest level since January 2008, according to the BofA Merrill Lynch fund manager survey for July.
Investment | 13 Jul 17
Brace for more volatility in US treasuries
The bulk of US treasuries are owned by the Fed and foreign investors. But this is set to change, and it could have serious consequences.