US Stocks Sink as Budget Deadline Approaches
Dec. 26 (Bloomberg) -- Advisors Capital Management Chuck Lieberman discusses the fiscal budget deadline. He speaks with Josh Lipton and Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
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Decision to Freeze Fund Has Been Vindicated: Richards
18:27 - M&G Investments will reopen its £4.5 billion property fund on November 4, Chief Executive Officer Anne Richards tells Francine Lacqua on "Bloomberg Surveillance." Funds investing in commercial property, including Standard Life Investments and a number of others, declared it had suspended U.K. Real Estate funds as people tried to get their money back following the Brexit vote. Several funds had shut the door to prevent unnerved customers forcing fire sales of offices, shopping malls and warehouses.