Gold may trend sideways after its good run
The gold index has beaten other asset classes this year, but may trend sideways for the rest of the year, according to senior currency strategist at Bank of Singapore Sim Moh Siong.
News
-
-
MSCI tells China ‘No for now’
For the third time since 2013, the US index provider rejected the inclusion of China A-shares in its flagship emerging market indices, highlighting key unresolved issues.
-
Fortune favours the brave, at least in the next five years– Pictet
Why is the dollar so expensive when US productivity growth is zero and there are political risks?, asked Luca Paolini, chief strategist at Pictet Asset Management.
-
Microsoft’s $26bn LinkedIn deal prompts mixed views
News of Microsoft’s LinkedIn acquisition has generated mixed views over its merit.
-
Woodford set to name new board chair
Neil Woodford is set to confirm the hire of former Standard Life director Marcia Campbell to be the chair of his firm’s oversight board.
-
Courtiers cashing in on the dollar as Brexit chances rise
Courtiers has been selling down some of its long position on the US dollar to bank profit generated by the rising probability of Brexit.
-
Ashtead’s turnaround performance signals stability for construction
Equipment rental company Ashtead Group announced Tuesday it will increase its full year dividend by 48% to 22.5p and plans to implement a share buy-back program of up to £200m.
-
Kames adds former Goldman man as fixed income manager
Kames Capital has hired Rory Sandilands as an investment manager in its fixed income team.
-
Russ Oxley leaves OMGI after disagreement over strategic direction
Russ Oxley has left Old Mutual Global Investors with immediate effect, following a difference of opinion over the future strategic direction of the firm’s absolute return government bond team, Old Mutual said on Tuesday.
-
Manulife to expand Europe presence
Manulife Asset Management, the investment management arm of Manulife Financial Corporation, has launched operations in the UK and plans to expand in other parts of Europe.
-
Comgest keeping faith with Japan as it eyes UK market
Investors should have confidence in Japanese equities despite the apparent macro concerns, according to French asset manager Comgest.
-
Brexit Strategy: DT warns against short-term tactical positioning over coin-flip
With Brexit now less than two weeks away, the volume of commentary finding its way into Portfolio Adviser’s inbox is growing rapidly. For your convenience we have placed all the most interesting investment ideas into one place .