Hints and tips:
...That’s the case even as they start to face pressure to sell some portfolio companies to return capital to their backers....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...Li is expected to be replaced as premier by Li Qiang, a close Xi associate who presided over the lockdown of Shanghai last year as the city’s Communist party chief....
...The Fed needs to stop raising rates, writes Bill Gross, philanthropist and co-founder of Pimco....
...ESG is a huge, gross gravy train for fund managers, consultants, and marzipan layer technocrats of various flavours....
...But the government and its supporters are positioning its post-Covid recovery within an explicitly Chinese context....
...My point in telling you about my holidays is simple: I am in the vortex of Britain’s stunning V-shaped recovery....
...Rising inflation is eating into the incomes of the poor and the economic recovery is stuttering....
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...Associates from the time remember him as a fun boss who led a tight-knit group of employees....
...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...
...This is not going to be an easy or V-shaped recovery. It will be another year of tensions between the US and China, with the EU drawn more into supporting the US....
...Recent economic data confirm what started as a V-shaped recovery is now proceeding at a much slower pace. Investors also should not expect US lawmakers to come to the rescue....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...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....
...Thus in the 2 biggest auto markets, there are signs of V-shaped recovery....
...He adds: “I don’t believe in a V-shaped recovery. I believe in an L-shape or a U-shape, with the second leg being at 45 degrees. There is nothing in place to justify another strong rally.”...
...The idea of a V-shaped recovery is nonsensical....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...Bankers’ early optimism that the pandemic would manifest as a sharp economic shock followed by an equally rapid recovery — the ubiquitous “V-shaped” recession — has given way to pessimism....
...The Treasury is not nearly as optimistic about a V-shaped recovery and this was reflected in an internal briefing paper which raised the possibility of tax rises and spending cuts....
...More importantly, this is likely one of the few areas in the portfolio with any investment market liquidity currently....
...It gets straight to the point: We now assume an L-shaped RevPAR recovery (previously V-shaped), based on Jefdata consumer surveys, corporate guidance and industry forecasts. .....
...Global GDP is set to contract the most since WWI in Q2, but amid surging money supply and rising saving rate, depressed base effects should lead to a v-shaped recovery into Q3....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
International Edition