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Fidelity PM steps back from €1.7bn thematic fund

Citywire Selector has learned. The fund manager had overseen the strategy with Nick Peters. A spokesperson for Fidelity confirmed that Efstathopoulos remains with the firm and continues to be a key member of the multi-asset income team. The move allows him to focus more fully on income-generating strategies. Matthew Quaife, head of multi-asset investment management Asia, has stepped in as a co-manager on the thematic opportunities fund. As a result, he is moving away from the Fidelity Funds ...
George Efstathopoulos Gian Samson Matthew Quaife Sarah Jane Cawthray Nick Peters Fidelity Solutions Multi Asset

Asia Is Exception as Emerging Markets Start to Look Fragile

Asia Is Exception as Emerging Markets Start to Look Fragile Read full article 2/6 3/6 Yahoo News is better in the app Stay in the know at a glance with the Top 10 daily stories 4/6 5/6 6/6 Michelle Jamrisko (Bloomberg) -- In the pandemic’s second year, some familiar worries -- about inflation, capital flight or public debt -- are starting to surface across the developing world. Except in one corner.In Asia, policy makers aren’t too preoccupied with these classic emerging-market problems. Th...
United States Hong Kong South Korea Jerome Powell Gian Samson Taimur Baig
Source: yahoo.com

Schooled by Crisis, Asian Economies Defy Emerging-Market Label

Schooled by Crisis, Asian Economies Defy Emerging-Market Label Michelle Jamrisko, Bloomberg News Shoppers inside the K11 Musea shopping mall, developed by K11 Group Ltd., a unit of New world Development Co., in Hong Kong, China, on Friday, April 2, 2021. Hong Kongs retail sales ended a two-year losing streak in February, surging 30% from a year ago because of last years low base when the coronavirus outbreak brought the economy to a halt. Photographer: Lam Yik/Bloomb...
United States Hong Kong South Korea Jerome Powell Gian Samson Taimur Baig

Dollar consensus splinters as investors clash on US recovery

The Straits Times JPMorgan Asset Management and T. Rowe Price see the dollar weakening as US economic exceptionalism wanes.PHOTO: AFP Published1 hour ago https://str.sg/JFsp They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories...
Hong Kong United Kingdom City Of T Rowe Thomas Poullaouec Edwin Gutierrez Zach Pandl

Wall Street splits on dollar's fate amid economic growth debate

Jamie Murrays Top Picks: April 26, 2021 JPMorgan is preparing to offer a bitcoin fund to wealthy clients Biden to set US$1M threshold for capital gains tax hike Wall Street splits on dollar’s fate amid economic growth debate China’s biggest IPO this year looks to be in renewable power What rotation? Some winning COVID stocks thrive amid reopening Wall Street’s trillion-dollar ESG club comes with huge tax perks Darren Sissons Top Picks: April 23, 2021 A baseball card SPAC shows wh...
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Dollar outlook divides investors who clash on U.S. recovery

Jamie Murrays Top Picks: April 26, 2021 JPMorgan is preparing to offer a bitcoin fund to wealthy clients Wall Street splits on dollar’s fate amid economic growth debate China’s biggest IPO this year looks to be in renewable power What rotation? Some winning COVID stocks thrive amid reopening Wall Street’s trillion-dollar ESG club comes with huge tax perks Darren Sissons Top Picks: April 23, 2021 A baseball card SPAC shows why distressed investing is so hard Archegos thwarts Nomur...
Hong Kong City Of United Kingdom T Rowe Thomas Poullaouec Edwin Gutierrez Gian Samson

Inside Hotel Quarantine: What Happens To People Returning To The UK

Farnborough Airfield Those with pre-existing bookings to any other ports of entry must change it to one of the above. Failure to do so could lead to fines of up to £10,000. Hotel quarantine guests must use the official booking portal to reserve their packages themselves.  2. Segregation  Passengers from “red-list” countries will not be segregated from other passengers on planes and in airports, the Times has reported. No routine protocols have been put into place to separate the up to 1,...
United States Hong Kong United Kingdom Northern Ireland City Of New Zealand General

Life in hotel quarantine: 'I'm on day two. It's around day 11 things get difficult'

I’m on day two of my 21-day hotel quarantine and, based on the two very strict home quarantines I’ve done here after previous trips out of the country – each of which lasted only two weeks – it’s around day 11 that things start to get difficult. The difficulties might kick in earlier this time, of course: there’s a psychological difference between strict home quarantines where you shouldn’t go out, to a hotel quarantine where you absolutely can’t go out. God knows how I’m goin...
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