The metal fell into a bear market this month and U.S. money managers have cut bullish bets for 10 straight weeks, the longest stretch in at least a decade. That hasn't dented Coronation Asset Management and Investec Asset Management's view that a .
Investec Asset Management Ltd . bought a stake in Mobisol GmbH in the biggest yet round of equity financing for the off-grid solar industry. About a third of the solar developer is now held in an Africa-focused private equity facility that belongs to.
Investec -- which owns a bank and money managers with almost $200 billion in combined assets and operations in South Africa, the U.K. and Australia -- is focusing on making sure it has the right clients and is remaining cautious on lending to cope with.
“The timing for banks couldn't be worse,” said Adrian Saville, the chief strategist at Citadel Investment Services & Cannon Asset Managers . “It comes at a ... Bank of America, JPMorgan, Standard Chartered Plc, Commerzbank AG, Macquarie Group Ltd.
“Investors have looked at politics this year and used that as an excuse not to allocate to Europe,” Stephen Macklow-Smith, who helps manage about $2.2 billion of European equities for JPMorgan Asset Management in London, said in a telephone interview.
Until now, foreign firms have mostly been limited to minority stakes in mainland joint ... Others are holding back. Investec Asset Management welcomes the latest Chinese move as a step toward greater liberalization but doesn’t plan to set up a mainland.
Investec to make further acquisitions in Ireland Irish Times.
Nomura Asset Ltd holds 19,634 shares. As of quarter end Investec Asset Management Ltd had ... according to the filing. Executives own 0.42% of the firms stock. Monarch Management holds 0.37% or 8,546 shares. (NASDAQ:JCOM) by 6,800 shares in the quarter.
“The potential of the economy growing at 8-9 percent, inflation going down, other markets not giving good returns is all making the market ignore short-term pain. Plus, domestically, money is coming in from investors in terms of financial assets ,” he.
The head of multi-asset income for Investec Asset Management's $119 billion of holdings had moved to cut interest-rate risk and reduce emerging-market investments in preparation for a wave of central bank tightening that could harken back to the taper .