First State Investments and KKR have entered into an agreement by which Coriance, a French district heating company which is currently owned by KKR's infrastructure funds and a co-investor, will be acquired by First State Investments managed infrastructure funds.
According to Daniele Bianchi, of Warwick Business School, is an Assistant Professor of Finance and researches financial econometrics, asset pricing and commodity markets, on the whole, the negative impact of Brexit on exchanges rates, on the political landscape, and on international trade agreements, will cause short-term damage to the UK economy...
Much water has flowed under the bridge since the highly challenging start to the year for the
markets. The performance returned risky assets on the European stock markets have
rallied 15% from their February lows. Although year-to-date returns are now practically
flat, the recovery was nonetheless spectacular.
According to Stefan Kreuzkamp, Chief Investment Officer at Deutsche Asset, as we approached this negative interest rate scenario, there have been some winners and many losers. German savers are in the losing camp because their exposure to equities and real estate is below the average of other countries, while the share of savings accounts is above average.
Loic Guilloux is appointed Head of New Business Development with the assignment to launch new funds to accelerate H2O Asset Management expansion.