Populism, automation, regime changes, future forecasting and long-term investing – Huw van Steenis, global head of Strategy, shares his perspectives from the 2017 World Economic Forum meeting. The mood at Davos was the most divergent in years. Some American bosses were notably bullish about accelerating economic growth and a regime change in fiscal, regulatory and […]
Hungarian-born US hedge fund pioneer George Soros (pictured) announced that he is giving up investing, handing over his family funds to the fims CIO Scott Bessent. The 84 year old has already ceased to manage clients money in 2011, speaking at the World Economic Forum in Davos, he reportedly said: ‘I have retired many times […]
Hub Culture, the social network service that operates the global digital currency Ven, has announced in Davos that LMAX, the regulated MTF, has agreed to list Ven, enabling brokers, banks and institutions to trade the currency.
Swedish prime minister Fredrik Reinfeldt has been talking at the Davos meeting about Europe’s divisions, competitiveness and the need for indebted nations to stick with austerity programs.
Europe’s competitiveness deficit, the competitiveness divide between Southern and Eastern Europe and their neighbours to the north, is the root cause of stagnating or declining growth, rising unemployment or fiscal instability in the region, the report ‘Re-Building Europe’s Competitiveness’ published today by the World Economic Forum, has warned.
Low yields in traditional asset classes are prompting powerful sovereign wealth funds to reassess their asset allocation, according to Patrick Thomson, global head of Sovereigns at JP Morgan Asset Management.
Andrey Kostin, chairman and president of VTB Bank OJSC and participant at this year’s Davos meeting, has talked about Russia’s investment climate, central bank monetary policy and VTB’s plans to issue new shares this year.