The Aberdeen Standard Investments infrastructure team has made a second investment in a gas pipeline and processing system. The team has acquired the InfraVia Capital Partners Managed Fund's 20% interest in Noordgastransport (NGT) B.V...
Nomura, Asia's global investment bank, today appointed Ting Lu
as Chief China Economist to lead a team of economists that forecasts China's economic
trajectory and drives thought leadership on macroeconomic themes shaping the country.
For most investors, Pakistan is largely defined as being highly volatile, be it in terms of security, politics or the economy. And in many ways, it is. However, Charles Sunnucks, Assistant Fund Manager, Emerging Markets, argues there is increasing evidence of positive structural change in the country, which in turn has created some of the most compelling long-term bottom-up investment opportunities of any asset class.
Market volatility also played out, as well as the growing share of jumbo deals, usually more sensitive
to adverse developments. Amid very supportive conditions for M&A (from the tax reform in particular), weaker
deal rationales are also mentioned as a greater source of deal volatility.
Yields on10-year US Treasuries temporarily broke through 3% last week to the highest level since early 2014. We expect rising US wage and price pressures, a more assertive Fed and a higher fiscal deficit to help yields ultimately pass this threshold on a more persistent basis.