North America
Macro Views | 13 Sep 16
Fed worries will not stop steady global expansion – RLAM
The sell-off over concerns that the Federal Reserve may raise rates on 21 September could develop into a good buying opportunity if economic growth persists, according to Trevor Greetham, head of multi asset at Royal London Asset Management.
North America | 9 Sep 16
SEC fines two advice firms over client fee disclosure
The US Securities and Exchange Commission has settled charges against two investment advice firms after some clients were unaware that they were being charged more than the single fee they were paying for investment services.
US equities: If you can’t beat them, join them
European investors have been dismissing US equities as too expensive for a couple of years. But as the S&P 500 continues to outperform other equity markets, appetite for the asset class is again on the rise.
North America | 2 Sep 16
Israel halts Fatca preparation following lawsuit
An Israeli judge has ordered that the state suspend work on the implementation of America’s foreign account tax compliance act (Fatca), a move welcomed by deVere Group chief executive Nigel Green.
US bankruptcy court hears of Providence problems
A US bankruptcy court hearing into Providence Financial Investments, the Miami-based parent of Providence Global which was wound up in Guernsey last month, was told by the firm’s chief restructuring officer, who examined the books, that “nothing in this company is working”.