A lot has changed since Todd McClone and Casey Preyss began investing in emerging markets in the mid-1990s and 2000s. Back then, the investible universe boiled down to Indonesian noodle manufacturers and Chinese cement companies, among a few others. A few decades later, emerging markets aren’t only a primary driver […]
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Eurogroup approves changes to ESM bailout fund
Eurogroup president Paschal Donohoe, on the screen, speaks during an online news conference following an Eurogroup video conference. FRANCISCO SECO | AFP | Getty Images LONDON — Euro zone finance ministers have agreed to strengthen the region’s crisis bailout fund — a long-awaited step that addresses how investors view the […]
Read Time : 6 Minutes
China’s piggy bank, the National Social Security Fund, set to be among Ant Group’s top IPO investors
Ant Group is making room for China’s state pension fund, the National Social Security Fund (NSSF), to buy shares during the financial technology giant’s blockbuster initial public offering (IPO) in the coming weeks, according to people familiar with the matter. The group is favouring long-term investors who backed the country’s […]