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…
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…
The institutional tranche of Saudi Aramco's planned initial public offering (IPO) has been almost three times oversubscribed, receiving orders worth 189.04 billion riyals ($50.4 billion), financial advisers for the IPO said on Tuesday.
Rather than attempting to beat Iran into submission with escalating economic sanctions, the international community should be attempting to guide it toward greater openness. Such an approach would improve the prospects of successful negotiations with the West, both before and after the 2020 US presidential election.
Abu Dhabi could invest up to US$1.5 billion in the initial public offering of Saudi Aramco, Bloomberg reported on Tuesday, citing people familiar with the matter. Saudi Arabia now relies on nearby friends to bring home a success in the world’s largest listing ever, after seeing that foreign investors are not exactly rushing to buy into its giant oil company.
RPMI Railpen (Railpen), which manages GBP30 billion of assets on behalf of the railway pension schemes, has acquired a wind farm under construction in Scotland in a direct investment in the UK renewable energy sector.
Active equity managers are operating in an era where technology is advancing rapidly and investors are increasingly adopting lower-cost vehicles for their equity exposure.
In the list below, we round up some of the best recent papers to explore current trends and the future of equity investment