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Investors hoping to get out of China and into a low-inflation market need only look next door to neighbouring Vietnam where inflation has remained below analyst forecasts at around 3%, says Andy Ho, manager of the VinaCapital Vietnam Opportunity.
The £441m diversified property trust has spotted rents rising on prime high street retail sites and snapped up two properties in central Winchester for £3.65m.
A couple of private equity 'outliers' are defying the gloom as discounts widen across the sector. Literacy Capital may be less than a year old but its progress may justify its persistent and chunky share price premium.
A couple of private equity 'outliers' are defying the gloom as discounts widen across the sector. Literacy Capital may be less than a year old but its progress may justify its persistent and chunky share price premium.
3i Group, the £11bn private equity giant that recently regained its title as UK’s biggest investment trust, yesterday risked losing that status after its shares plunged 11%, a decline one analyst views excessive.
UK stocks recoup this week’s losses after China boosts Asian markets overnight, while THG shares soar after takeover interest at the beleaguered e-commerce group.
The extreme selloff in growth and technology stocks has wiped out the outperformance fund managers Stephen Paice and Moritz Sitte achieved after taking on the trust in 2019, but they remain confident their companies will grow when panic subsides.
Tom Slater, manager of top-performing global trust battered in the technology selloff, believes worst has passed for China investments but regrets prioritising its internet companies over their US rivals.
Elon Musk has hit out at S&P Dow Jones Indices, claiming that it has ‘lost credibility’ after the index provider dropped Tesla from its S&P 500 ESG index of sustainable stocks which is monitored by several leading funds.
Update: A profits warning by US department store Target has hit stocks in Wall Street and contributed to steep market falls in the UK and Europe.