Singapore company briefs: DISA, City Developments’ CDL Investments New Zealand, iFAST Corp., and Nordic Group.
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 plans to invest around US$1B to acquire a minority stake in Biomat USA, a U.S. subsidiary of Spanish pharmaceutical company Grifols.
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.
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 are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
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 expectations have hit levels last seen during the Global Financial Crisis, according to the BofA-ML September survey Tuesday.
Global fund managers are still nervous in August, pulling away from equities and turning to “insurance,” the BofA-ML fund manager survey said Tuesday.
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.
Global fund managers are at their most pessimistic since the Global Financial Crisis amid trade war concerns, the BofA-ML survey for June found.
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.