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investment strategies for 2025 navigating economic challenges and opportunities
Investment strategies for 2025 are shaped by a potential economic slowdown and geopolitical tensions. While European equities offer attractive valuations compared to the US, risks remain from inflation and political instability. Defensive stocks and bonds are recommended as hedges against recession risks, with emerging markets showing renewed potential for growth.
wealthy clients lose faith in switzerland as financial center after credit suisse collapse
Wealthy private clients are increasingly turning away from Switzerland as a financial center, following the collapse of Credit Suisse, which has eroded confidence among clients from Europe and the Middle East. While Switzerland remains the largest offshore location with a 21.4% market share, the USA and UK are closing the gap, boasting $2,109 billion and $2,166 billion in foreign assets, respectively. The USA's advantages include high-quality asset management and favorable regulatory conditions.
Afcons Infrastructure raises 1621 crore ahead of IPO launch on October 25
Afcons Infrastructure, part of the Shapoorji Pallonji group, has raised Rs 1,621.5 crore from 80 institutional investors through its anchor book ahead of its IPO, set to launch on October 25. The Rs 5,430-crore share sale includes a fresh issuance of Rs 1,250 crore and an offer-for-sale of Rs 4,180 crore by promoter Goswami Infratech, with shares priced between Rs 440-463. Notable global investors such as Blackrock, Goldman Sachs, and the Monetary Authority of Singapore participated in the anchor investment.
zurich and singapore rise in global sustainable investment rankings
Zurich and Singapore have surpassed Geneva in a recent ranking of global financial centers for sustainable investments, with London maintaining its top position. The index, which evaluates 97 locations, highlights the strong performance of Swiss cities, including Lugano at 13th. Despite a slight decline in confidence regarding green finance, Western European centers continue to excel due to their expertise in developing sustainable financial products.
CMC Markets thrives in Australia while IG excels in Singapore revenue
CMC Markets has seen significant growth in Australia, generating over £62.3 million in revenue in H2 FY23, surpassing its UK earnings for the first time. In contrast, IG Group's Australian revenue has declined from £65 million in H1 FY21 to £41.1 million in H2 FY24, while Plus500 also reported a drop in Australian earnings. Notably, Singaporean traders are the most lucrative for IG, averaging £4,914 in revenue per trader, compared to £3,054 in the UK and £2,977 in Australia.
Switzerland remains the leading choice for international wealth management, with $2.174 trillion in assets, accounting for 21% of global cross-border management. However, its lead over the UK and US has narrowed due to significant outflows linked to the Credit Suisse crisis, which saw $183 billion withdrawn. The study indicates that while Switzerland retains its competitive edge, the fallout from the crisis and changing regulations may threaten its position in the future.
swiss banks maintain lead in offshore wealth management despite credit suisse collapse
Switzerland remains the leading country in offshore wealth management, managing $2,174 billion for international clients, though its lead over the UK and US has diminished due to Credit Suisse's collapse, which caused $183 billion in outflows. While Switzerland retains its appeal for European and Middle Eastern clients, the stability of its banking market has been shaken, and the importance of local banking is rising globally.
comprehensive guide to choosing the best trading app in singapore
The leading trading app in Singapore offers access to over 13,000 markets, including forex, indices, and commodities, with 24/7 trading hours and a suite of risk management tools. Users benefit from 24-hour customer support and a range of analytical features to enhance their trading experience.
EFG International expands Asia Advisory Board to enhance growth strategy
Boris Collardi, Chairman of EFG International's Regional Asia Advisory Board, has appointed Urs Buchmann and Ashish Gumashta to strengthen the board. Buchmann, a former Vice Chairman at Credit Suisse in Hong Kong, and Gumashta, with extensive experience in the Indian market, will help drive EFG's growth strategy in Asia. As competition intensifies, particularly from Hong Kong and Singapore, EFG aims to expand its presence in the booming Asian wealth market.
efg bank appoints dr urs buchmann and ashish gumashta to advisory board
EFG Bank AG has appointed Dr. Urs Buchmann as Vice Chairman and Ashish Gumashta as a member of its Regional Asia Advisory Board. With extensive experience in Greater China and the Indian market, respectively, they will guide the bank's growth strategy in the Asia Pacific region. EFG's leadership expressed confidence in their ability to enhance the bank's offerings and capitalize on emerging opportunities.
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