News
Commodities | news 9 Nov 16
Gold miners surge as Trump risk lifts commodity optimism
Gold jumped as much as $75 (£60, €68) an ounce on Wednesday, while gold miners surged as investors watched Donald Trump edge ever closer to the White House.
North America | news 9 Nov 16
US expats to give up citizenship following Trump victory
The number of expats revoking their American citizenship is expected to see a boost after Donald Trump is named the next president of the United States, leading tax advisers predict.
L&G creates new trans-Atlantic insurance division
Legal & General has formed a new trans-Atlantic insurance division to tie its UK and US offerings.
Investment | news 9 Nov 16
Risk on! Trump wins, investors stunned
Donald Trump has won the US presidential election, riding a wave of global anti-establishment sentiment and in a Brexit-like manner, upending the status quo. Republicans also won a majority in both the Senate and House of Representatives.
Caldora follows Belvedere in losing Mauritius licence
Caldora Asset Management, operators of the Mauritius-domiciled Caldora Offshore Balanced Fund which suffered a spectacular drop in returns after its launch, has had its licence terminated.