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Michael Mackenzie

US investment editor
Michael is the FT's US investment editor. He was formerly senior investment commentator, global markets editor in London and prior to 2015 was the US markers editor. He joined the FT's New York office in 2006 after covering US bonds and derivatives markets for Dow Jones from 2000. Prior to his journalism career, Michael was a derivatives broker for Tullett & Tokyo in Hong Kong, London, Toronto, New York and Tokyo.
Email Michael Mackenzie @michaellachlan (link opens in a new browser window)
Email Michael Mackenzie @michaellachlan (link opens in a new browser window)

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  • Tuesday, 19 January, 2021
    Commercial property
    Workers will be lured back to the office, says Brookfield chief

    Bruce Flatt is taking Canadian asset manager’s property arm private in a $5.9bn deal

  • Tuesday, 19 January, 2021
    FT News Briefing podcast9 min listen
    Pandemic shipping costs, Navalny jailed, Brookfield on real estate

    The cost of shipping goods from China to Europe has more than tripled in the past eight weeks

  • Saturday, 16 January, 2021
    The Long ViewMarket bubbles
    Tech stock booms: then and now

    The echoes of the dotcom bubble era in current market conditions

  • Friday, 15 January, 2021
    News in-depthPrivate equity
    Performance test looms for $900bn private debt market

    Investors who made loans during calmer times before pandemic face a reckoning, analysts say

  • Thursday, 14 January, 2021
    BlackRock Inc
    BlackRock assets surge to record $8.68tn

    World’s largest fund manager boosted by run in equities that helped it beat forecasts

  • Thursday, 14 January, 2021
    Fund management
    Hasenstab suffers largest outflow among bond managers in 2020

    Emerging markets specialist’s run of underperformance continued last year as assets shrank

  • Saturday, 9 January, 2021
    The Long ViewUS equities
    Investors look past the storming of US Capitol

    Cold-blooded markets focus more on a shift in the Senate following Georgia elections

  • Friday, 8 January, 2021
    News in-depthNew York Stock Exchange LLC
    Trump’s rules on China investment spark confusion across global finance

    NYSE’s flip-flops on guidance reflect confusion on avoiding fines from January 11

  • Wednesday, 6 January, 2021
    Markets InsightMarkets
    ‘Blue wave’ trade back on after Georgia Senate poll

    Reflation hopes likely to spur investment rotation within markets as economic growth picks up

  • Promoted Content
  • Monday, 4 January, 2021
    SkyBridge Capital II LLC
    SkyBridge has worst year since 2008 after structured credit hit

    Anthony Scaramucci’s fund of hedge funds was down about 7.5% last year

  • Saturday, 2 January, 2021
    The Long ViewMarkets
    Rational bubble puts markets on high starting point for 2021

    While investors appear bullish, some wobbles in equity markets should be expected in year ahead

  • Saturday, 26 December, 2020
    ETF HubThe latest news on ETFs
    Green energy funds top league table in banner year for ESG

    Invesco has best performing US equity fund of 2020 — and the second-best

  • Friday, 25 December, 2020
    The Long ViewMarkets
    Earnings, value and EMs: the market trends for 2021 in charts

    After a head spinning year, high prices suggest equities might struggle to make headway

  • Saturday, 19 December, 2020
    The Long ViewUS equities
    Small-cap stocks shine as Tesla makes splash

    Market rally broadens out as investors look to economic recovery

  • Friday, 18 December, 2020
    Tesla Inc
    Tesla shares surge to new high on S&P 500 inclusion

    Big price swings amid trading frenzy as carmaker becomes sixth-largest company in index

  • Saturday, 12 December, 2020
    The Long ViewUS Inflation
    Inflation debate looms large over US market outlook

    Fed’s shift of strategy to tolerate rising prices above target was key signal for investors

  • Friday, 11 December, 2020
    News in-depthIPOs
    Wall Street IPO bonanza stirs uneasy memories of 90s dotcom mania

    Investors warn of ‘frothiness’ as retail investors race to get a slice of hot offerings

  • Saturday, 5 December, 2020
    The Long ViewEquities
    Factors that could halt the bull market charge

    Investor hubris can be pierced when expectations of further gains are as strong as they are now

  • Monday, 30 November, 2020
    Tesla Inc
    Tesla to join S&P 500 in one swoop

    Index provider had considered addition in intervals given carmaker’s hefty market capitalisation

  • Tuesday, 24 November, 2020
    Tesla Inc
    Tesla’s market value soars to $500bn ahead of S&P 500 debut

    Electric carmaker’s inclusion in blue-chip index triggers fresh wave of buying

  • Saturday, 21 November, 2020
    The Long ViewMarkets
    Bullish mood across markets leaves investors with a dilemma

    Healthcare could be one option in search for sectors with capacity to expand during 2020s

  • Tuesday, 17 November, 2020
    Roger Ferguson
    Roger Ferguson to step down after 12 years at helm of TIAA

    Investment industry veteran has been tipped for US cabinet post under Joe Biden

  • Monday, 16 November, 2020
    Pimco
    Pimco investment chief warns of market fragility after Covid

    Dan Ivascyn says government and corporate debt binge poses risks to investors

  • Saturday, 14 November, 2020
    The Long ViewEquities
    A rotation in equity markets starts to emerge

    Covid-19 vaccine breakthrough prompts shift in investor portfolios towards cyclical companies

  • Monday, 9 November, 2020
    Markets InsightCoronavirus treatment
    Vaccine success has given investors their bull case

    Breakthrough sets the stage for sustained gains — and a shift in leadership — within equity markets

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