Hints and tips:
...Manny Roman, chief executive of the world’s largest bond-focused manager Pimco, thinks the new environment will favour its business....
...Fixed income funds tend to do a bit better, thanks to the inefficiency of bond markets and flaws in bond index construction....
...Coaching tips The Performance Consultants International approach develops coaching skills based on active listening, powerful questions, and a G-R-O-W model: GOAL: What do you want?...
...Likewise, the recovery in the last three weeks is largely due to relief that the hit might not be as bad as feared (e.g....
...That raised £100m in March of this year from GIC in Singapore, China Construction Bank and Australia’s Hostplus....
...Sales there rose 31 per cent, with about half the increase coming from growth in China, driven by rising construction and infrastructure investment....
...UK asset managers Legal & General Investment Management, M&G Investments and Oxford Properties, the real estate arm of a $72bn Canadian pension fund, are among the investors piling in....
...The group has another office building under construction at London Wall Place. Mr Brundage said this was also 50 per cent pre-let....
...Several European asset managers, including Jupiter, M&G, Hermes and Aberdeen, have decided it will be simpler and fairer to cover research costs internally in response to the new regime....
...Photographs: WeLive; Johnny Wolf; The Collective; Mekko Harjo; Monadnock Construction Inc...
...By Thursday, the stock market capitalisation was less than the initial cash it will get from S & G; a sign that investors are still cautious....
...“I have had to bone up on factor attribution analysis and index construction,” he says. This year, MSCI launched a range of ESG-based indices, including fossil-fuel and climate-change indices....
...For commodities, in addition to real demand as a result of China’s housing construction boom, investors also used them as a hedge against inflation. Both sources of demand are weakening now....
...India utilities: India utilities companies borrow FX to fund equipment imports (e.g., boilers, turbines, generators etc.), where suppliers would offer credit in USD on attractive terms....
...Interesting then, as Nomura’s Zhiwei Zhang points out, that China Credit Rating Company has downgraded its rating on Wuhan Urban Construction Investment & Development Co....
...Manchester is the only UK city to have more than 200,000 sq ft of new speculative space – in other words, without a pre-arranged tenant – under construction....
...M&G has also bought more than 400 private rented homes near the Olympic Park in east London from housing association Genesis....
...Little surprise, in a world getting to grips with the logic of “r > g”, that we should not expect the benefits to be equally shared....
...The market suffers from chronic under-supply, while the level of accommodation under construction is not sufficient to meet expected demand from UK and foreign students....
...As a result, we are facing a “leadership vacuum” – catchily defined as a “G-Zero world”....
...(Financial Times) Caterpillar gives gloomy guidance after earnings beat: “Caterpillar Inc. said it is going ahead with opening new U.S. assembly plants despite a glut of unsold construction and mining machinery...
...His $10bn fund has been slowly building a stake in P&G, which has recently struggled with earnings performance....
...battles against SK Corp and KT&G respectively....
...The opening of new offices in an emerging market can take months if it is dependent on the construction of a dedicated data centre....
...It ran into trouble with an excessive debt burden and was taken over last year by its senior lenders, including Alcentra, Harbourmaster, Mizuho, Nordea, Prudential M&G and UniCredit....
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