Hints and tips:
...Hong Kong’s ETF market had $6bn in net new flows last year, while mainland China recorded $60bn in net inflows, BBH said, citing ETFGI data....
...The BBH revenues closely resemble DV Ventures’ own because the Victoria Beckham business was treated as “an associate” in the accounts for the holding company....
...Win Thin, global head of currency strategy at BBH Global, noted that if Johnson survives the vote he cannot face another challenge for a year, which is likely to boost the pound....
...“For many reasons, we see this combination as highly unlikely, based on capital levels, State Street’s pending BBH deal and Credit Suisse’s plethora of ongoing legal/business challenges,” said Jefferies...
...Win Thin, global head of currency strategy at BBH Global Currency Strategy, said inflation for March was expected to be 3.7 per cent, which would mean that prices were rising at the fastest pace since June...
...Total assets under management are now at around $170bn, compared to just $30bn five years ago, BBH data shows — with issuance dominated by domestic asset managers....
...That will make State Street the largest global provider of custodial services, moving ahead of BNY Mellon, with its current tally of $31.9tn boosted by $5.4tn of assets from BBH....
...Pigott noted that 40 per cent of investors surveyed in BBH’s global research, including investors from Europe and the US, also highlighted performance concerns....
...Antonette Kleiser, product manager for ETFs in Europe and Asia at BBH, believed this year may be instrumental in determining whether they get their wish....
...The BBH survey also highlighted the pressure from fee competition on other cost centres....
...Thin at BBH notes that the Fed will probably seek this time to reassure markets it will only slowly withdraw the extraordinary stimulus measures it deployed during the depths of the Covid-19 crisis....
...November’s weaker than expected payroll numbers, released on Friday, were “likely adding to the sense of urgency for Congress”, said Win Thin, global head of currency strategy at BBH....
...: The BBH analysts add: “Simply put, the Fed has been much more aggressive with its [quantitative easing] than any of its counterparts....
...As Saatchi Yates observes – inverting the motto of her father’s one-time ad agency rival, BBH – “Why don’t we zig when they zag”?...
...“[The lows] should serve as a warning sign of trouble ahead,” said Win Thin, global head of currency strategy at BBH....
...Analysts at BBH think the relative performance of Italian and German yields reflects greater spending by the EU and the mutualisation of such debt from here....
...increases the risk to the market’s (and our) call for a half-point [rate] cut in December, and also brings forward expectations for tightening down the line,” said Win Thin, global head of currency strategy at BBH...
...BBH add: “Needless to say, Italy will be the big winner....
...Both Citi and BBH estimate this came in at 2.8 per cent of GDP in the past year, yet the US Treasury (with its less rational time period) put the figure at just 0.1 per cent....
...Win at BBH believes “a partial [trade] deal simply prevents things from getting worse” and adds: “Enjoy this current risk-on bounce in sentiment for now, as we doubt it will last.”...
...“Korean policymakers are getting more concerned,” said Win Thin, a currencies analyst at US bank BBH. “The Bank of Korea has warned traders that the won has dropped too rapidly....
...Win at BBH is certainly not impressed and it’s hard not to concur: “We believe the Fed gave in too quickly and too completely to market demands that it pay more attention to market tantrums....
...He first worked for the ad agency Boase Massimi Pollitt (BMP) and later as head of planning at Bartle Bogle Hegarty (BBH) in London’s Soho. Most of the big admen of the time were posh....
...Total foreign currency Uridashi issuance has reached $7.6bn this year, according to BBH, putting it on course for a full-year tally of $9.6bn, up from $8.4bn last year....
...And Marc Chandler at BBH suggests some are reading too much into the Chinese currency’s decline: Many observers seem to suggest one reason why the dollar is strong against all the major currencies and emerging...
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