Asset management editor

Momentum Global Investment Management is expanding its African fund range as it seeks to exploit the expertise acquired in its recent mergers and acquisitions.

MGIM is launching the Momentum Africa Fixed Income Fund on September 1, 2013 ahead of the Momentum Africa Property Fund which is planned for 2014.

Momentum Global Investment Management is launching a fixed income fund and African property fund

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Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

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The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

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The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

Goldman Sachs Lifts U.S. Recession Probability to 35%

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Momentum expands African offering

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