SG briefs: IFAST, Nordic, City Developments, DISA
Singapore company briefs: DISA, City Developments’ CDL Investments New Zealand, iFAST Corp., and Nordic Group.
European Union
UPDATE: Singapore stocks Friday: ESR-REIT, ALOG, Keppel DC REIT, Ascendas REIT, Nanofilm, Yanlord, Chip Eng Seng, Kitchen Culture
Singapore companies in focus Fri., 14 Oct. 2021: Keppel DC REIT, M1, Ascendas REIT, United Hampshire US REIT, Nanofilm, Hong Leong Asia, BRC Asia, Yanlord, Ascendas India Trust, Chip Eng Seng and Kitchen Culture.
GIC to invest US$1B for stake in Grifols’ US subsidiary Biomat USA
GIC plans to invest around US$1B to acquire a minority stake in Biomat USA, a U.S. subsidiary of Spanish pharmaceutical company Grifols.
Nothing but blue skies in November, BofA-ML fund managers survey finds
All it took was another rate cut: Economic growth expectations surged and risk-taking took off in November, according to the Bofa-ML fund managers survey.
Why interest rates are heading toward zero (even in the US)
The ECB’s decision to cut rates is a “game changer,” set to force the hand of the Fed, Markus Schomer, chief economist at PineBridge, said Monday.
Fund managers grow more depressive on trade war outlook, October BofA-ML survey finds
Fund managers are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
DBS: Where to boldly go for income in a zero- and negative-yield world
DBS Bank Chief Investment Officer Hou Wey Fook said Thursday he’s making a “bold call” on where to look for income: European oil majors.
Fund managers’ recession fears grow, BofA-ML September survey finds
Fund managers’ recession expectations have hit levels last seen during the Global Financial Crisis, according to the BofA-ML September survey Tuesday.
BofA-ML survey: Fund managers grow more jittery in August, turning to protection
Global fund managers are still nervous in August, pulling away from equities and turning to “insurance,” the BofA-ML fund manager survey said Tuesday.
BofA-ML survey: Fund managers step back from bearish brink, but jitters persist
Global fund managers were a tad less pessimistic, but they continued to fret over economic risks, the BofA-ML fund manager survey for July found.
Fund managers turn most bearish since financial crisis, June BofA-ML survey finds
Global fund managers are at their most pessimistic since the Global Financial Crisis amid trade war concerns, the BofA-ML survey for June found.
BofA-ML: Fund managers well-hedged amid trade war fears
More than a third of fund managers have taken out hedges to protect against a sharp market fall over the next three months, the May BofA-ML fund manager survey found.