Jake Stoller was in training camp with the Pittsburgh Steelers last summer, trying to win a job in the National Football League. The former Yale University defensive lineman and Barclays Plc debt capital markets analyst is pursuing a new goal this year: the title of Wall Street’s best athlete.
Kames Capital, a U.K.-based manager of about 29 billion pounds ($43 billion) of fixed-income assets, bought U.S. Treasuries without a currency hedge, betting the pound will decline further against the dollar.
New Jersey removed two state troopers from active duty amid investigations into a high-speed caravan of Porsches, Lamborghinis and Ferraris led by police cruisers on the Garden State Parkway last month.
Aegon Asset Management is sticking with U.K. bonds because it expects the Bank of England to raise interest rates more slowly than the European Central Bank, even as inflation runs at almost twice the pace of the euro area.