Gold ETPs receive largest inflows since May 2017, while silver ETPs see largest outflows since July 2016. With gold holding its gains last week, investors increased their holding of the metal by US$64.7mn. A small miss in US ISM manufacturing figures and continued political volatility in the Trump Administration following… Read More »
Housing market activity is set to expand in all major European markets this year, fueled by historically low lending rates and gradually accelerating economic growth. We expect housing prices will continue to rise through 2018 because we believe the European Central Bank will maintain ultra-low rates, with no hike before… Read More »
In compliance with European regulations, Saipem SpA, and a delegation of representatives of Saipem workers in the countries of the European Economic Area in which the Company is present, have agreed to set up the European Works Council (EWC) of the Saipem Group. The agreement, which was signed on July… Read More »
Emerging Market (EM) corporates are as varied as the language, climate and cuisines of their home countries. We outline why we believe investors should consider a structural allocation to EM corporate debt, while also shedding light on why an allocation to this dynamic asset class makes sense in the current… Read More »
Altona Mining Limited (“Altona” or “the Company”) today announces an update of the Definitive Feasibility Study (“DFS”) of the Cloncurry Copper Project (“Project”), 90 kilometres north-east of Mt Isa in Queensland, Australia. Altona Managing Director, Dr Alistair Cowden said, “We are delighted with the study update which results in annual… Read More »
The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) raises its sales and earnings forecast for 2017. The new forecast predicts sales of €900 million to €950 million (previously: €830 million to €900 million) and earnings before interest, taxes, depreciation and amortization (EBITDA) of €85 million to €100 million… Read More »
In reaction to the Bank of England (BoE) Monetary Policy Committee (MPC) meeting, Tim Graf, head of macro strategy for EMEA at State Street Global Markets, and Alan Wilson, senior investment manager of active fixed income at State Street Global Advisors, offer their views. Graf comments: “The downside surprise in… Read More »
GDP growth was marginally stronger during the second quarter in the Euro Area. It was at 0.56% (2.26% at annual rate) after 0.51% (2.04% AR) during the first three months of this year. The growth profile has been slightly modified with this publication. Formerly, GDP growth for the first quarter… Read More »
We are mindful that investment grade and high yield bonds have been on a strong run from a risk/reward perspective, and in that context we have been looking at our weighting in this area. We have decided to clip back our exposure to European high yield across asset allocation portfolios.… Read More »
Generali Investments Europe S.p.A. Società di gestione del risparmio (Generali Investments), the main asset manager of the Generali Group, announced today the appointment of Vincent Chaigneau as its new Head of Research, effective August 11. Chaigneau, who will be based in Paris and report to CEO Santo Borsellino, will manage… Read More »