21 July 2016

The weighted average of the Fed funds rate has edged higher.  Following the Fed hike in December 2015, the Fed funds average around 36 bp in January before moving into a 37-38 bp range.  However, since the UK referendum it has been trading consistently around 40 bp.  The Fed...

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23 November 2010

Unit trust

Unit trust is a special kind of pooled investment, which is formed under a trust deed. Unit trust helps to bring together individuals with same investment objectives in the similar platform of financial transaction. A unit trust is formed when...