Hints and tips:
...Also, September trade balance figures France: September CPI and HICP inflation rate data US: University of Michigan consumer sentiment survey Results: Ashmore Q1, BlackRock Q3, Citigroup Q3, JPMorgan...
...To 1920 first, and the charmingly appointed Dorset home of MP Arnold Champion-Cheney (Pete Ashmore) in The Circle....
...BlueCrest Capital, the investment firm co-founded by billionaire bond trader Michael Platt, has more than doubled its money this year after betting that inflation and rising interest rates would pummel debt...
...“Investors are scrambling to find places that will benefit from higher commodity prices and be insulated from geopolitical risks,” said Gustavo Medeiros, head of research at Ashmore, the emerging markets-focused...
...Hedge funds take aim at UK asset managers Hedge funds from Ken Griffin’s Citadel to Steve Cohen’s Point72 are betting that a tumble in the shares of UK fund management groups, including Abrdn, Ashmore and...
...Additional reporting by Michael O’Dwyer and Alice Hancock...
...Ashmore and Canyon Partners declined to comment. Solus did not respond to a request for comment....
...Gustavo Medeiros at Ashmore Group says “it’s the first major crisis in 30 years in which EM central banks cut policy rates, supporting local liquidity and asset prices” and he also highlights that the JPMorgan...
...In more concentrated industries, the top dozen or so players typically command 75 per cent market share,” said Michael Cyprys, an analyst with Morgan Stanley in New York....
...But Michael Werner, a UBS analyst, cautions that the competitive pressures facing European asset managers will not abate....
...Asset managers BlackRock, Fidelity, Ashmore and T Rowe Price, which have joined forces with AllianceBernstein, Wellington Management and other institutional investors, criticised the government’s proposal...
...Ashmore’s margins are double Man’s and the emerging market specialist’s earnings are rated a third higher. Man Group may be master of machines but it has to work on mastering shareholders....
...Funds managed by London-based Ashmore Group and investment giant Fidelity suffered sizeable losses as well....
...Claims deterioration on Typhoon Jebi and Hurricane Michael continued to be reported by insurers in the market, with the estimated industry loss for Jebi at $16bn and Hurricane Michael $12bn, Hiscox said....
...A new chief executive, Steve Ashmore, recently took charge — the second in the space of two years....
...Michael Harris, global head of research at Renaissance Capital, said: “A lot of risk-off events start as specific crises....
...Tom Shippey, chief financial officer of Ashmore, which suffered $10bn of outflows from investors last year, said: “The oil sovereigns are not all the same....
...Chairman Michael Benson also announced he will retire at the group’s annual meeting on October 22 after nine years in the role. He will be succeeded by Peter Gibbs....
...One-time investor’s darling Ashmore is down 12.3 per cent, Martin Gilbert’s Aberdeen Asset Management has tumbled 20 per cent and Standard Chartered is adrift by the same amount, according to S&P CIQ....
...This included three fixed income managers: Ashmore and Franklin Templeton, which have been in place since 2014; and Investec Asset Management, which was added last year....
...Jan Dehn, head of research at Ashmore Investment Management, an emerging market-focused house, says that while in many ways he would like to keep South Korea in his universe, the country probably “deserves...
...It also hired SungWon Song, an academic, and Michael Dolacky, previously at Senzar Asset Management, to cover global healthcare....
...Michael Clements, head of European equities at Syz, the Anglo-Swiss investment group, adds that Schroders, Ashmore and Aberdeen could be “prone to sell-offs” in the next three months due to the “uncertainty...
...barbican.org.uk, 020 7638 8891, to July 25 Photograph: Catherine Ashmore...
...Leading bondholders including Ashmore, Pimco Taconic and Fidelity are understood to have already committed to the terms of Mr Rothschild’s offer....
International Edition