....This year's Consensus conference drew some big corporate names, such as insurer State Farm, carmaker Toyota, and consulting firm Deloitte. Fidelity
Investments, a staid, Boston-based money manager known for handling retirement accounts, was one of the presenters. ...
[Read full article on BBC
Wednesday 24th of May 2017 09:07:22 AM
....Moody’s expects government debt to rise to 40% of GDP by the end of 2018, and to 45% by 2020. Luc Froehlich, head of investment directing for Asian fixed income at Fidelity
International, said China was facing a number of issues: “The downgrade is yet another sign of the challenges faced by China, which is juggling rising leverage, declining economic growth rates and ongoing structural reforms. ...
[Read full article on Guardian
Wednesday 24th of May 2017 12:48:29 PM