US
Investment | 26 Oct 16
Around 40% of US advisers back neither presidential candidate
More than 40% of financial advisers in the US believe neither Hillary Clinton nor Donald Trump will have a positive impact on the stock market, the bond market, or the global economy after the new president is announced next month.
Australian expats in the US could face taxes on super accounts
Australian expats living in the US may have to pay taxes on their superannuation pension accounts, following changes to the Internal Revenue Service’s (IRS) reporting requirements for such schemes.
Investment | 20 Oct 16
Merrill Lynch ditches US expats in account closures
Merrill Lynch, one of the ‘big four’ investment banks in the US, will no longer work with US citizens living abroad following the closure of all expat accounts earlier this month, a UK-based IFA firm has confirmed.
Protectionist presidency poses biggest risk to US equities
Rathbones asset allocation strategist Edward Smith has argued that investors should “pay close attention to the insidious creep of protectionism, as US politicians and elsewhere look to harness the disenfranchised.”
Macro Views | 14 Oct 16
Low hurdle set for US earnings season – NN IP
The market has set corporate America a low hurdle in the upcoming Q3 earnings season according to NN Investment Partners.