Katie Holliday is a Writer with CNBC.com, covering a range of topics including global macro-economic news, market developments and corporate news. Before joining CNBC, Katie was a senior asset management correspondent at Investment Week in London. Katie holds a Bachelor's degree in English Literature from Southampton University.
As inflation in the euro zone languishes at its lowest level in four years, some argue the region is at risk of a Japan-style deflationary rut.
Pimco's flagship bond product, run by Bill Gross, has lost its status as the world's largest open-ended mutual fund, Morningstar data has shown.
Hedge fund professionals have seen higher compensation for the third consecutive year, an industry report has found.