The regulator in January came out with guidelines for entities operating as investment advisers in IFSC and said that any recognised entity desirous of operating in IFSC as an IA, may form a company or LLP (limited liability partnership) to provide investment advisory services. … [Read more...] about SEBI asks investment advisers operating in IFSC to have $700,000 net worth
Citicorp investment bank singapore limited
That said, global growth fears are very strong, with a majority of investors expecting global growth to slow in the next 12 months, although most think a recession is unlikely. Investors are saying that a ‘secular stagnation’ environment is most likely in the next two-or-three quarters. With lower global growth, inflation expectations too have declined, allowing investors to discount a dovish Fed. That is why they now think the dollar is very overvalued, the most since June 2002, while they also think emerging market currencies are the cheapest since October 2004. … [Read more...] about Quick Take | Fund manager survey finds emerging markets favourites against backdrop of slowing growth
There is, though, one respect in which this virus-induced crash is different. Central bank injections of liquidity cannot cure the disease, nor will they arrest its spread. As we have never tired of reiterating, the markets had run-up on a gush of liquidity unleashed by central banks around the globe. They have run up, as we have pointed out ad nauseam, far ahead of the ‘fundamentals’. They had gone up in the belief that central banks had the markets’ back and would rush to their rescue at the slightest wobble. That hope still exists, which is why the markets are now clamouring for a Fed rate cut in March and two more rate cuts this year. Central banks in China and some other Asian countries have opened their purses. Governments too are doing their bit — Hong Kong is planning to give all permanent residents above 18 a hand-out of HK$10000. … [Read more...] about Moneycontrol Pro Weekender: Time to pay the bill?
A. Yes, one has to be selective when making investment decisions on individual companies within a sector. Good companies at a reasonable value are desirable. Some of the perceived quality companies in the sector appear to be overvalued while those expected to make a comeback may be in the form of improved quality of management or writebacks on bad loans may be undervalued by the markets. … [Read more...] about Market is in longer duration time wise correction, says Ajay Khandelwal
The leading indicators for September showed that among the major economies, it was only India that showed growth gaining momentum. Growth was stable in the US, China and Japan, while Russia and Germany showed signs of easing growth momentum. The other big economies such as the UK, France, Brazil showed easing growth. Overall, the balance was still tilted towards stable growth momentum. … [Read more...] about Opinion | Can Trump heroically bring the world economy back from the brink?