The Federal Reserve has announced the beginning of its much-discussed tapering soon. Adding in the effects of inflation and supply chain disruptions, does this mean US equities are set for a drastic correction in the short term?
The Korean sovereign wealth fund has divested all $221.5 million worth of its Alibaba equity investments in the US and increased its Baidu holdings by 450% by the end of June.
The Chinese insurer is targeting various asset classes as it looks to diversify overseas via its new Hong Kong operation, despite market uncertainties.
Famed value investor Bill Miller is setting up his own entity within Legg Mason, while the rest of the US equity business is combined with affiliate ClearBridge Advisors.
Lombard Street Research’s Charles Dumas says the global economy will fall into recession and China won’t be able to help. US equities are best poised to lead investors to recovery.
Large-cap US stocks offer the best value, despite the US being put on negative outlook by rating agency Standard & Poor's for the first time, says the CEO of Perkins Investment Management.