M&G's life and pensions arm said it has suspended a 164 million pound property fund, days after the British fund manager froze dealing in its 2.5 billion pound ($3.21 billion) flagship UK property fund.
A day before Aramco is to announce the final price of the shares it will list on the Saudi stock exchange, the list of bad news for the company got longer. A survey among fund managers has shown that most of them believe that the company is overvalued by up to a third. The survey was conducted among 31 asset managers holding assets of $3.8 trillion by Bernstein and reported by Fortune. Its…
It was supposed to bring shared prosperity, but instead it has slowed growth and sown discordThe euro may be approaching another crisis. Italy, the eurozone’s third largest economy, has chosen what can at best be described as a eurosceptic government. This should surprise no one. The backlash in Italy is another predictable (and predicted) episode in the long saga of a poorly designed currency…
Investing in Emerging Markets has always come with its own caveats, but with economic growth slowing and bond yields either declining or already negative across much of the Developed World, investors are more inclined to consider opportunities that lie further afield.
This collection of papers draws together opinions and views on a wide range of issues affecting various aspects of…
The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.
The Alternative Investment Management Association, in conjunction with Ernst & Young, has prepared a paper on inclusion and diversity in the hedge fund industry. The paper begins fittingly with a quotation from Eileen Murray, co-CEO of Bridgewater Associates, who says: “We are fortunate today that people understand that companies do better when there’s diversity of thought, it…
Every three months, we take a snapshot of the expectations for future earnings in the S&P 500 at approximately the midpoint of the current quarter, shortly after most U.S. firms have announced their previous quarter's earnings. The earnings outlook for the S&P 500 has continued to deteriorate since our Summer 2019 edition. As of data from 11 November 2019, Standard & Poor…
They favor active management, most have turned to private markets, and nearly half are using scenario analysis to prepare portfolios for political risk. The post Institutional Investors Feel Braced for Whatever the Market Throws Them appeared first on PLANSPONSOR.
Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global tech industry under its co-founders Page and Sergey Brin.
A senior official at the International Energy Agency on Tuesday said that OPEC is unlikely to reach any agreement that would change the current production cut deal until such a time when the market situation becomes more obvious, according to Reuters. OPEC’s current agreement between its members and allies, known together as OPEC+, is to cut 1.2 million bpd off its combined production per day…
Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver.
Saxo: 6 Macro Calls For 2020 Authored by Christopher Dembik, head of Macro Analysis at Saxo Bank, Today, we have published our Outrageous Predictions for 2020. The overall theme is: Engines of Disruption. Frankly speaking, I think the ones we have written this year are among the best. That being said, I am thinking it is certainly the right moment to share with you my macro calls for next year…
Shopping centres in Glasgow, Maidstone and Bridgend are among the fund’s holdings
M&G suspends £2.5bn property fund
M&G, which recently split from its parent Prudential, has temporarily suspended dealings in its property portfolio. It said Brexit-related political uncertainty and structural shifts in the UK retail sector had made it difficult to sell…
M&G Property Portfolio bans withdrawals after investors demand their money backOne of the UK’s biggest property funds, which owns shopping centres across the country, has alarmed investors by banning withdrawals and blaming both Brexit and the retail downturn for its problems.The £2.5bn M&G Property Portfolio was suspended after “unusually high and sustained outflows” – demand from…
If Boris Johnson wins the United Kingdom's upcoming vote, as expected, Brexit will go ahead and cause the country long-term damage. But for the next several years, almost nothing about the UK's relationship with the European Union is likely to change, because Johnson can – and almost certainly will – extend the transition period.
GPIF, the Japanese Government pension fund and the largest pool of retirement savings in the world, has suspended stock lending in a move that will have implications for short-sellers including hedge funds.
November was the strongest month for investment activity since December 2018. Does this mean investors are ignoring... The post As UK Election Nears, How Is Investor Activity Faring? appeared first on Real Capital Analytics, Inc..
In previous periods of technological displacement of workers, economists like John Maynard Keynes and Wassily Leontief worried that too few new jobs would be created to prevent higher long-term unemployment. Today, facing an onrushing wave of digital automation, many share their misplaced unease.
Although there is increasing support for the idea that central banks should actively contribute to the fight against climate change, monetary policymakers have no mandate to do so, and for good reason. Tackling climate change is – and must remain – the responsibility of elected governments and parliaments.
An SMSF is a private super fund you manage yourself, giving you more control over how your retirement savings are invested. We look at how they work and some of the benefits and drawbacks of going it alone.