Fidelity Investments’ John Carlson and DoubleLine Capital LP’s Luz Padilla pursue different strategies in their emerging-market debt funds. One thing they have in common is buying bonds denominated in U.S. dollars.
Fidelity Investments, the Boston- based fund company that oversees $1.64 trillion, is bullish on the U.S. currency just as Pacific Investment Management Co. and Goldman Sachs Group Inc. are warning investors against buying.
ANN ARBOR, Mich., Jan. 1 (UPI) -- Goalie Ryan Miller, MVP of the 2010 silver medalists, and high-scoring Patrick Kane were among those selected to the U.S. men's Olympic hockey team Wednesday. Miller, of the Buffalo Sabres, backstopped the U.S. team to the championship game of the Vancouver Winter Olympics before falling to Canada 3-2 in overtime. The Chicago Blackhawks' Kane is the reigning Conn Smythe Trophy winner as the NHL's most valuable player. The pair were among 13 Olympic veterans chosen for the 25- player squad for next month's Sochi games unveiled by General Manager David Poile after the NHL's 2014 Winter Classic game in Ann Arbor, Mich. "We're fortunate to have probably the deepest talent pool we've ever had in our country and that made for some very difficult decisions," Poile said. Forwards making the team include David Backes, Dustin
U.S. Representative Steve King has carved out a niche in Congress as an unrelenting foe of legalizing undocumented immigrants, and last night the Iowa Republican was the star attraction at a rally where he pressed his case in the hometown of one of his party’s leaders.