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Talk of US demise is exaggerated, says F&C's Paul Niven
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Talk of US demise is exaggerated, says F&C's Paul Niven
F&C fund manager says speculation about the end of American exceptionalism is wide of the mark as investment trust reports a flat first half after a comparatively tough time for both the US dollar and stockmarket. F&C (FCIT) made no headway at all in the first half of the year but the UK’s oldest investment reckoned a zero return in the face of US tariff turmoil and a weak dollar was a pretty good result. The £5.7bn FTSE 100 listed global equi…
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