North America
Investment | 7 Nov 16
OPINION: Greater diversity cannot come soon enough
There is an aspirational timbre to the slogan “Make America great again” that belies its dog-whistle like nature.
Canada’s CI Financial buys majority stake in Australian firm
CI Financial Corp is to acquire an 80% stake in Australian investment fund manager Grant Samuel Funds Management (GSFM), in a move that will see the Canadian wealth manager also gain access to New Zealand.
North America | 7 Nov 16
US court rejects insurers’ appeal against adviser reforms
A US judge has denied the first legal challenge brought against the Department of Labor’s (DoL) upcoming fiduciary rule by the National Association for Fixed Annuities (Nafa).
Macro Views | 7 Nov 16
US tracker popularity resilient despite election
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.
ANALYSIS: Is the S&P 500 election dip a great buying opportunity?
American shares have broadly dipped as investors brace themselves for the possibility of an unexpected election victory by a certain real estate tycoon.