This a great editorial from Jim O’Neill, the former head of Goldman Sachs Asset Mangement, the snippets below are what I found to be most interesting: A return to normality eventually implies a benchmark 10-year Treasury yield of 4 percent or more In recent years, the search for yield has gone wider and deeper. The resulting […]
Read More →Today the SET had a wunderbar rally up 4.42% or 62 pts, however the rest of the region, while up as well looked relatively muted. So remembering that this week trigger funds (local asset management firms love to sell mutual funds that say once the fund hits an x.x% return the monies will be returned […]
Read More →BBL: Maintains loan growth at 6% yoy in 2013. BBL expects GDP to grow 4% this year, lower than the earlier forecast of 5%. However, the bank still maintains its loan growth target at 6%, supported by resilient domestic demand, especially investment demand. According to the bank, it will be one of the major lenders […]
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