Investors piled back into value stocks as November’s twin breakthroughs in the search for an effective vaccine against Covid-19, by Pfizer/BioNTech and Moderna, renewed optimism and prompted a huge rally in global markets.
Investor appetite for emerging markets has been on the rise, boosted by hopes of a vaccine-led recovery from the coronavirus pandemic, and by Joe Biden’s victory in the US presidential election.
China is seen as the jewel in the asset manager’s crown after foreign ownership restrictions in the industry were relaxed in April. Global firms including BlackRock, Fidelity International and Vanguard have applied to set up wholly-owned mutual fund units in China, hoping to tap the country’s fast-growing USD2.6 trillion retail fund market.
The European asset management industry is back on track for another year of growth, according to industry body The European Fund and Asset Management Association (EFAMA) – with assets under management rebounding strongly after being hit by the coronavirus crisis in the first quarter of 2020.
Financial stability across the world could be under threat from climate change, with the Financial Stability Board (FSB) warning that environmental deterioration could hit asset prices, financial liquidity, and borrower creditworthiness.
Aquis Exchange's subsidiary Aquis Stock Exchange (AQSE) has launched an incentive scheme for market makers designed to boost liquidity and improve the functioning of the AQSE market for growth stocks.
Global energy infrastructure specialist Victory Hill Capital Group is to float VH Global Sustainable Energy Opportunities plc (“the Company” or “GSEO”) on the London Stock Exchange in January 2021.
Trading turnover on the Swiss Stock Exchange was down 8.1 per cent in October compared to the previous month, reaching CHF118.6 billion, while the number of transactions decreased by 3.0 per cent to a total of 7,161,385.
Almost all of the largest hubs for green finance are concentrated within Western Europe, a biannual index shows, with Amsterdam, Zurich, and London continuing to lead efforts to finance a sustainable future.
UK dividends are showing “positive signs” of a future recovery after almost halving to a headline total of GBP18 billion in the third quarter of 2020, according to the latest UK Dividend Monitor from global financial administrators Link Group.