• Jan 13, 2025

UK Markets Fall Again as Inflation Countdown Unsettles Traders

(Bloomberg) -- UK assets entered a second week of declines amid growing consternation about the government’s large fiscal deficit and key inflation data this week that may show price pressures remain elevated.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersSterling was the worst-performing Group-of-10 currency on Monday, dropp

  • Jan 13, 2025

Wamco Emerging-Market Debt Team Exits to Jackson Financial’s PPM

(Bloomberg) -- Four veteran Western Asset Management Co. emerging-market debt investors exited for Jackson Financial Inc.’s PPM America, as fallout continues for the bond giant after its star trader was charged with criminal fraud.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersTeam co-heads and portfolio managers Mark Hughes