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Showing results for Sameer P Sethi
...By lunchtime in New York, the benchmark S&P 500 gauge was down 1.1 per cent, while the technology-heavy Nasdaq Composite was down 1.5 per cent....
...New and emerging managers haven’t worked through a recession,” explains Bhushan Sethi at PwC. China’s zero-Covid policy has had a severe impact on the country’s pool of global talent....
...Economic data S&P Global is scheduled to release its business survey, which is likely to report flash manufacturing PMI slumped to 52.0 in July from a reading of 52.7 in June....
...“Our P&Ls just don’t have that much wriggle room,” Lawson said....
...Jehan Ara, a former president of P@SHA, the Pakistan Software Houses Association, said after Thursday’s court order that any abrupt policy change could harm growth in the country’s IT sector....
...China’s benchmark CSI 300 index is up about 27 per cent this year, in dollar terms, beating the S&P 500 by more than 13 percentage points....
...But he noted that the state-owned Life Insurance Corporation of India holds a significant stake in ITC, amounting to 14.4 per cent at the end of last year according to S&P Capital IQ....
...By close of trading on Tuesday, the S&P 500 rose 0.57 per cent to 2,096.37, and the Dow Jones Industrial Average gained 0.6 per cent to 17,903.98....
...“We are very excited about our pipeline of investment opportunities that are available in the global equities markets,” said DIC’s chairman and chief executive Sameer Al Ansari....
...In 1999, the average P/E ratio for issues in the Standard & Poor’s 500 wafted in the 32 to 37 range. Now, the S&P 500 average is down to 18....
...P Ramesh, a managing director at the infrastructure consultancy Feedback Ventures, said: “The future is going to be even more bleak....
...Sameer al-Ansari, chief executive of DIC, aims to have 60 per cent of its investments in Europe and North America, while the remaining 40 per cent will be in Asia, the Middle East and North Africa....
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