Hints and tips:
...Théo Maret is an associate at Global Sovereign Advisory and writes a sovereign debt newsletter....
...Those who carry wounds from previous recovery battles with Argentina have expressed scepticism....
...The reason deep value tends to lead value stock recoveries is because value stock recoveries tend to coincide with countries emerging from recessions....
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...His title was associate, one of the lowest ranks in banking, but his colleagues gave him the unofficial status of “managing associate”, one former banker recalls, after noticing that he often provided answers...
...Investors need to guard against the temptation to skew their portfolios towards exotic assets offering the false prospect of higher risk-free returns....
...Ethan Ilzetzki, associate professor at the LSE: The UK economy will begin its recovery in 2021 but will not return to its pre-pandemic level of GDP until 2022....
...More importantly, this is likely one of the few areas in the portfolio with any investment market liquidity currently....
...Europe continued to perform well with pleasing recovery in S Europe & E Europe since May. In N....
...(ii) and headline operating margin of 10.4% to 12.5% – we have a margin of 10.4%Our FY PBIT pre associates is £1,014m....
...Associate/JV income of $421m is 27% below consensus $574m....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...But Seth Fischer, chief investment officer at Oasis, and architect of the Tokyo Dome campaign, disagrees and sees opportunities not available elsewhere....
...Operating margin was also significantly impacted and came in at 5% (vs. 14% last year), reflecting lower completions and no land sales this year (£12m last year)....
...However, the questions for us revolve around the mix by portfolio....
...A danger of releasing some of the pressure that has held down borrowing costs is that tighter monetary policy chokes off economic recovery....
...Charles Dumas, Chief Economist, TS Lombard About 1.5 per cent, vs. US and EA both 2-2.5 per cent....
...Rupert Harrison, portfolio manager, BlackRock and former chief of staff to George Osborne Yes it will be an easier year....
...Lacklustre wage growth has been a feature of the UK’s recovery since the post 2008 recession and real wages are still below their pre-crisis high....
...The US government has since taken control of more than $480m that he and his associates had placed in bank accounts in Jersey, France and the UK....
...As pension funds embraced the use of cheap index funds over the last decade, such advantages were pitched as a way for hedge funds to improve portfolios....
...Betting on a US recovery – as Mr Paulson’s aptly named Recovery Fund does – has been one of the most profitable trades around. And not just for Mr Paulson....
...Blackstone has amassed the largest portfolio in the sector with 28,000 homes, having spent $1.8bn on its Invitation Homes unit....
...Related links: Smithers vs Wolf – FT Alphaville Japan’s ‘temporary’ recession? - FT Alphaville...
...In terms of placement, MBAs are going for associate positions and MSc’s for analysts....
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