Hints and tips:
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...Based on Morningstar data, we estimate Merian funds have seen H120 net outflow of c£4bn of which £1.7bn we estimate was from the GEAR strategy....
...Here’s Barclays: Money market funds saw record inflows in March as risk assets collapsed....
...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...
...Jupiter’s European equity funds continue to leak assets following last year’s change in fund manager, too. These issues will take time to address, and we lower our flow expectations....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...In addition, contracted pricing insulates it from commodity price volatility, and the strong balance sheet will fund all planned capex....
...We do not assume a V-shaped recovery in revenues and think hopes for directed fiscal stimulus on construction spending may be misplaced as funds (at present) seem directed to individuals / SMEs / healthcare...
...Jones v. Harris Associates L.P., which will be argued this week, clearly demonstrates that lowering the “loser pays” barrier could have serious consequences....
...With the almost certain return of growth in the previous quarter, it is not an “L” but not yet robust enough to be a “V”. The likelihood of a “W” also seems far-fetched....
...LLC; Carlyle Investment Management L.L.C.; Blackstone Capital Partners V L.P.; Centerbridge Capital Partners, L.P....
...Most likely is that it is simply impossible to tell whether it is going to be V-shaped, L-shaped, or some other form....
...An accrued interest of Rs 376 crore which is non-existent c. An understated liability of Rs 1,230 crore on account of funds arranged by me. d....
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