Equities and commodities boost Q3 returns at top Dutch schemes
The five largest Dutch pension funds reported quarterly returns of up to 1.3%, largely due to the performance of developed market equities, private equity and commodities.
The five largest Dutch pension funds reported quarterly returns of up to 1.3%, largely due to the performance of developed market equities, private equity and commodities.
In a market wrap, analysts at ANZ Bank New Zealand explained that US equities continued to sink, following weakness through the Asian session, as markets continue to digest the combination of higher US rates, ongoing trade tensions, and Chinese growth concerns.
Merseyside Pension Fund, Liverpool, England, selected FTSE Russell’s Smart Sustainability index as the benchmark for a portion of its passive equity portfolio that will have a multifactor approach focused on climate risk, said Owen Thorne, investment manager at the £9 billion ($11.8 billion) pension fund.
Philippine group’s expansion at risk now that it expects to raise less capital
It was quiet out there in the markets—spooky quiet. All five of the calmest quarters for U.S. stocks in the past 20 years have occurred since the start of 2017. Then came Oct. 10-11, when markets were hit by a storm that came out of the clear blue sky. The S&P 500 fell 5.2 percent over two days. That represented the fifth-biggest increase in volatility in the almost 90-year history of the index and its predecessors, according to Rocky Fishman, a Goldman Sachs Group Inc. equity derivatives strategist.
In a market wrap, analysts at ANZ Bank New Zealand noted that global equities rebounded overnight, with solid earnings to kick off the season (Goldman Sachs, Morgan Stanley) buoying sentiment.
SK Materials’ earnings will continue to improve, said NH Investment and Securities on Oct. 18 raising the target price to 240,000 won (US$212.95) from 220,000 won.
Both gold and silver stalled on Tuesday. Was it because the equities rallied big or was it because they were both at resistance? From a technical perspective, they were both at resistance. It’s that simple.
CJ CheilJedang’s profits from overseas will expand if it wins the bid to acquire Schwan’s Company, the second-largest frozen pizza maker in the US, said Kiwoom Securities on Oct. 18 maintaining a “buy” recommendation and 430,000 won (US$380.09) target price.
Bitcoin is not meant to be an asset that is correlated to things like commodities and equities.