Macro hedge funds are back in favor with investors seeking to take a view on US President Donald Trump’s economic policies, European elections, or interest rates, but it is start-up funds rather than established players, which are attracting cash.
Some of the main beneficiaries of the macro revival are managers who cut their teeth at the big macro firms suchRead more
Protectionist fears under Donald Trump and uncertainties caused by Brexit sparked a huge plunge in 2016 profits, global banking giant HSBC said Tuesday.
Unveiling an 82 percent fall in its net profit, the bank said ongoing volatility and surging populism around the world would continue to hit its bottom line.
"We highlight the threat of populism impacting policy choices inRead more
Asian markets mostly fell on Tuesday, with concerns about upcoming European elections and Donald Trump's unpredictable presidency fuelling uncertainty.
With investor nerves shredded by a succession of outbursts from the new US president, safe-haven assets rose. Gold pushed higher and while the yen eased from three-month highs against the dollar it continued to hold recent gains.
The weakness across marketsRead more
A Russian-backed hacking effort that has rocked the US presidential campaign may peak on Election Day, but is likely to continue next year and into 2018 as Moscow seeks to influence US politics and key elections in Europe, Obama administration officials warn.
Russian meddling, in fact, may become more potent in Europe than in the US, White House officials andRead more