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Wamco revamps fixed income strategies as it fights to keep investing staff
INVESTING MUTUAL FUNDS JAN 23, 2025
Wamco revamps fixed income strategies as it fights to keep investing staff

The CEO says the besieged bond giant is "fine-tuning" its strategies and would soon start integrating back- and mid-office functions with its parent Franklin.

Bond heavyweights lead the way in active fixed income comeback
INVESTING MUTUAL FUNDS JAN 23, 2025
Bond heavyweights lead the way in active fixed income comeback

After a two-year drought, US bond funds saw the most new investment last year, with inflows led by big names like Pimco and Dodge & Cox

Stocks pause near record high amid tech decline
NEWS INDUSTRY NEWS JAN 23, 2025
Stocks pause near record high amid tech decline

Near-term volatility to be expected, says UBS.

Trump dominates Davos without even being there
NEWS INDUSTRY NEWS JAN 23, 2025
Trump dominates Davos without even being there

World leaders, finance chiefs try to assess impact on global economy.

Why stubbornly high US Treasury yields are bad news for EMs
INVESTING EMERGING MARKETS JAN 23, 2025
Why stubbornly high US Treasury yields are bad news for EMs

Investors less likely to take the risk when US notes offer such good odds.

Musk questions whether $100B AI venture backers have the money
NEWS INDUSTRY NEWS JAN 23, 2025
Musk questions whether $100B AI venture backers have the money

OpenAI chief Sam Altman hits back in public spat.

BlackRock’s Fink calls elevated inflation world’s ‘biggest risk’
INVESTING ALTERNATIVES JAN 22, 2025
BlackRock’s Fink calls elevated inflation world’s ‘biggest risk’

The BlackRock CEO also weighed in on AI's energy implications and crypto's role as an alternative "currency of fear."

JPMorgan’s Dimon says stocks inflated as ‘animal spirits’ return
INVESTING EQUITIES JAN 22, 2025
JPMorgan’s Dimon says stocks inflated as ‘animal spirits’ return

Amid Trump-fueled euphoria, the Wall Street giant's longtime CEO asserts growth remains "the only real solution" to reducing risks from deficits.

Treasuries gain as Trump threatens China, EU with tariffs
NEWS INDUSTRY NEWS JAN 22, 2025
Treasuries gain as Trump threatens China, EU with tariffs

Bond market rally continues as traders weigh policy consequences.

US futures suggests continued Wall Street rally
NEWS INDUSTRY NEWS JAN 22, 2025
US futures suggests continued Wall Street rally

Stocks gain amid Trump's AI spending plans.