Political risks are not deterring one of Canada’s largest pension funds from investing in the US

Political risks in the United States, exacerbated by President Donald Trump’s struggles to pass key reforms amid a major federal investigation, are not deterring the manager of one of Canada’s largest pension funds from being bullish. Hugh O’Reilly,...

CEO of $288 billion asset manager says economy is changing ‘unlike anything else in our lifetimes’

Passive investing has gained popularity among investors recently, but there is still a place for active fund management, said Barings Chairman and CEO Thomas Finke. “Passives have grown so dramatically in the last decade that there’s this feeling they will...

North Korea faces serious food shortages after intense drought and ‘very bad harvest’

North Koreans are likely to face serious food shortages despite recent relief from an intense dry spell, officials from the UN Food and Agricultural Organization told CNBC. Rainfall this year was “considerably lower” than a corresponding period in 2001,...

Marc Faber: Trump’s policies make me ‘obviously not optimistic about the US dollar’

The U.S. dollar could “easily rebound” by 4 to 5 percent from current levels, but President Donald Trump and his administration stand in the way of the currency’s long-term strength, Marc Faber said Thursday. The greenback has had a tough year, with...