From the FT’s Alan Rappeport, Shahien Nasiripour and Shannon Bond:
Millions of people in the eastern US braced themselves on Sunday for what forecasters said could be an epic hurricane. Read more
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Cardiff writes mostly about US macroeconomic issues, with daily excursions into other topics about which he claim no expertise. Before Alphaville, Cardiff spent a little more than two years as a reporter at Dow Jones Financial News covering investment banking, asset management, and private equity. Along the way he has written freelance pieces on a variety of other topics from behavioural psychology to Muay Thai, the latter also being a personal interest that involves frequently getting kicked in the shins (and torso, and head).
Learn moreFrom the FT’s Alan Rappeport, Shahien Nasiripour and Shannon Bond:
Millions of people in the eastern US braced themselves on Sunday for what forecasters said could be an epic hurricane. Read more
Some highlights from Monday’s FTfm.
Few active funds stay at the top
Investors that select an active fund manager because they have a successful track record have more chance of picking a dud than a winner, according a new analysis Vanguard. However, this viewpoint is hotly contested by defenders of active management. Read more
| Market | Last price | Today's change |
52 week high |
|
|---|---|---|---|---|
| FTSE 100 Index: FSI As of May 17 2013 16:35 |
6,723 | +35.26 | +0.5% | 6,727 |
| FTSEurofirst 300 Index: FSI As of May 17 2013 17:15 |
1,248 | +2.73 | +0.2% | 1,250 |
| S&P 500 INDEX: WCB As of May 17 2013 05:00 |
1,667 | +17.00 | +1.0% | 1,667 |
| Euro/US Dollar FX Spot Rate As of May 19 2013 02:01 |
1.28 | 0.00 | +0.0% | 1.37 |
| ICE Brent Crude Oil Front Month: IEU As of May 18 2013 00:00 |
104.64 | +0.79 | +0.8% | 119.17 |
| COMEX GOLD 1 FUTURES CHAIN Front Mon: CMX As of May 17 2013 19:14 |
1,361 | -26.10 | -1.9% | 1,795 |
© The Financial Times Ltd 2013 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
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