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Finance & Markets

Goldman Likes European Stocks on Earnings, Global Reach

Sharon Bell, equity strategist at Goldman Sachs, discusses the selloff in bonds and why she's positive on European equities. "15% earnings growth is pretty impressive," Bell tells Bloomberg Television. "European companies are global in their reach. They have a lot of exposure to lots of things you want at the moment," she adds. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Magellan to close Vinva global equity fund

Magellan Asset Management is winding up the Vinva Global Equity Fund, an actively managed systematic strategy for retail investors, less than two years after its launch, according to a report by the…

  • Magellan Asset Management closes Vinva Global Equity Fund.
  • Fund had AUD165.3 million AUM as of August.
  • Closure set for October 12 due to insufficient scale.

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