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Latest News - Michelle Abrego

Singapore's SWF in deal to buy Allfunds platform for $1.9bn

Spanish group reaches arrangement to offload funds platform to combination of SWF and private equity firm.

Fed's more hawkish tone surprises bond managers

Fixed income managers surprised by central bank’s stated intention of raising rates three times next year.

Amundi sets bid bar in race for UniCredit's AM unit

French asset manager Amundi has left other bidders behind in the race for Pioneer Investments, according to reports.

US housing boom to benefit small caps, says Schroders' Jones

Investment veteran believes household growth in the US will feed through to smaller players as 'millennials' make first moves into the market.

Bill Gross urges investors to 'gradually de-risk' portfolios

Bond market veteran warns against backing decisions of 'casino'-like central banks and advises investors to take some risk off the table.

‘Stubborn’ Fed stifling capitalism, says Bill Gross

Bond veteran reiterates call for Fed to raise rates as he believes 'capitalism does not function well' when interest rates are at zero.

‘We’re bailing China out’: managers react to Fed inaction

Following the anticlimactic end to the Fed's expected announcement Citywire Americas found out how fund managers are taking the news.