Ariel Bezalel, Head of Strategy, Fixed Income, explains his caution on the Trump administration's ability to deliver fiscal reforms, and why he has increased the duration in his funds for the first time since cutting it last summer.

According to Toby Nangle, Global Co-Head of Asset Allocation, Head of MultiAsset, EMEA and Maya Bhandari, Portfolio Manager, Multi-Asset, Columbia Threadneedle reduces weighting to US equities from neutral to underweight in multi-asset portfolios...

The European Securities and Markets Authority has appointed two new members to its Management Board to replace two out of the three outgoing members whose mandates end on 31 March.

‘Smart beta' sounds like an oxymoron. How smart can it be to continue using the same strategy in such fickle markets? A portfolio manager calling on all his skills (‘alpha') in analysing market environments (the source of ‘beta') should be able to outperform an unchanged algorithm, right? And yet, for several decades, findings in behavioural psychology have cast doubt on this assumption.

A recent drop in energy-related assets looks to be overdone. We believe this creates opportunities in selected energy equities and credit — even as we see oil prices trading mostly sideways in the near term.