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US Treasury secretary expresses concern over ‘substantial’ increases in living costs

US Treasury secretary tells Beijing its trade practices will distort markets and harm workers

Ali Dibadj warns against ‘complacency’ as US group tries to take over the management of seven UK investment trusts

The $360bn manager has built an active ETF name in the US with CLO funds, but this taps into its Japan equities expertise

The $335bn manager already has $14bn in active fixed income ETFs in the US and is eyeing rapid growth in demand globally

Head of asset manager has faced multiple problems as he tries to rebuild storied brand

Only 20% of actively managed equities and fixed income vehicles outperformed over 15 years

The disaster could mean a significant operating loss though longer-term prospects are strong

Complete loss by fire of airliner made largely from carbon fibre was a first for modern aviation

Mutual defence pledge marks one of Moscow’s strongest commitments in Asia