Russell Investments: Global squeeze play continues as central bankers embark on diverging paths

"As high valuations persist, especially in the US, and yields remain low, due to historically unorthodox easing policies from global central banks, investors are faced with a challenge to achieve their real goals in a low-return world, often squeezing many to riskier assets," said Jeff Hussey (photo), Russell's global chief investment officer.

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Pioneer appoints Bailie to head Western Europe and Latin America

He will join the firm in April and will report to Sandro Pierri, chief executive officer.

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