Global confidence index rises despite US concerns

The confidence of fund managers in equity markets internationally rose this month to the highest level in over six months, despite the confidence of North American institutional investors falling.

According to an index set up by State Street Global Markets, managers' willingness to allocate their portfolios to equities rose last month, mainly driven by the confidence of Asian investors.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions