Hints and tips:
...UK pension fund the Universities Superannuation Scheme, one of the biggest investors in Thames Water, has slashed the value of its stake by almost two-thirds....
...Federated Hermes, a large active fund manager that started building ETF offerings within the past few years, is unlikely to compete in the covered call arena, chief investment officer Stephen Auth said....
...In 2022, the dire performance of largely low- or zero-dividend stocks provided a boost for investors like Stuart Rhodes, who manages the M&G Global Dividend Fund....
...Valuation gaps are most apparent in listed private equity trusts, which trade on stock exchanges and should trade close to the value of their assets....
...Newton Investment Management is pitching investors a multi-manager hedge fund with teams trading equities, currencies, commodities, bonds and quant strategies....
...Altice International, less leveraged than Altice France at 4.6 times net debt to ebitda, only provides some £300mn annually in dividends to him, thinks fund manager Federated Hermes....
...The Group for Equity, made up of Asian, African and Latin American countries, wants firm rules in place....
...Central banks’ battle against inflation “does not support the bulls’ thesis”, said Lewis Grant, portfolio manager for global equities at Federated Hermes....
...Leigh Himsworth, a UK equity fund manager at Fidelity, said: “As a shareholder you feel like you never actually get the reward” with buybacks....
...The value of this fund varies with the market but is reported to have reached $1tn during the recent boom and is used to safeguard the country’s economy....
...A third leading Danish pension fund said it was “critical” of the connection between Federated Hermes and SFOF....
...Meanwhile small fund managers, particularly those with lacklustre investment performance, are grappling with rising costs and pressure on margins....
...Moral Money Summit Asia Join us on September 7-8 online or in person at The Westin, Singapore, for our Moral Money Summit: Accelerating ESG Integration to Unlock Value and Drive Progress....
...One of the most exaggerated pandemic boom-bust charts is this popular biotech exchange traded fund: The fund, which holds $6bn in capital, is equal-weighted, meaning it can get a big boost from small firms...
...And for most international investors, Russian holdings represent a small slice of overall assets....
...Anderson grew up in a small town in Connecticut before moving to Jerusalem where he volunteered for a local ambulance service....
..., Federated Hermes and Caisse de dépôt et placement du Québec....
...“Investors see a Goldilocks scenario for stock markets,” said Silvia Dall’Angelo, global economist at UK fund manager Federated Hermes....
...That has eroded the value of bonds that offer fixed interest payments, especially higher quality corporate bonds that pay only a relatively small “spread” above Treasury yields....
...The latter would additionally benefit from a weaker dollar if higher inflation erodes the value of the global reserve currency....
...action in the interest of long-term value and societal benefit....
...Deutsche Bank values Altice Europe at €9 a share. Mr Drahi described the move to delist the shares after six volatile years as a public company as an “exciting chapter” in its history....
...“To deliver value for different stakeholders, purpose has to be more than a marketing slogan or a vague set of values....
...Dividends are a way to sustain the population at a time of great stress,” says Daniel Peris, a fund manager at Federated Hermes, a Pittsburgh-based investment manager....
...and equity-like) capital and away from debt”....
International Edition