Fidelity fund managers are increasing investments in China's real estate sector following recent government stimulus measures aimed at stabilizing the economy. They are optimistic about a potential recovery in consumer confidence and property transactions, noting a slight uptick in sales and positive sentiment among companies. The managers emphasize a selective investment strategy focused on companies with competitive advantages, while monitoring upcoming government meetings for further policy developments.
The Federal Council's report emphasizes the need for regulatory changes in Switzerland's banking sector to enhance operational flexibility during emergencies. Proposed measures include improving coordination for rescue actions, updating contingency plans, and implementing stricter liquidation requirements to ensure the stability of the financial system. UBS faces a tight deadline to revise its plans in line with rising regulatory expectations, highlighting the importance of effective crisis management and communication with supervisory authorities.
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