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‘Slightly hawkish’ Banxico calls for caution on rates as inflation still sticky

‘Slightly hawkish’ Banxico calls for caution on rates as inflation still sticky

© Reuters. FILE PHOTO: Mexico’s Central Bank (Banco de Mexico) building in downtown Mexico City, Mexico August 9, 2022. REUTERS/Henry Romero/File Photo By Brendan O’Boyle MEXICO CITY (Reuters) -Most members of the Bank of Mexico’s governing board called for caution as the central bank of Latin America’s No. 2 economy eyes possible rate cuts in…

AQR ends 2023 with double digit returns thanks to stocks, gas and iron ore

AQR ends 2023 with double digit returns thanks to stocks, gas and iron ore

By Nell Mackenzie LONDON (Reuters) -Billionaire investor Cliff Asness’s AQR Capital Management finished 2023 with double digit returns in several of its funds, buoyed by stock selection, bonds, European natural gas and iron ore, a source familiar with the matter said on Thursday. The $99 billion investment manager, known for its quantitative strategies, returned a…