Markets News 

As asset management growth grinds to a halt, firms have to get creative. Here are the 3 avenues analysts say will best boost revenue.

“New technology: asset managers are taking over some of the work that financial advisers and other groups previously did in distribution, enabled by technology” writes Meghan Morris for businessinsider.com. Asset managers face a dismal outlook, as investors turn to lower-fee products and shareholders demand bottom-line growth and lower costs.”Today, the bulk of foreign asset managers’ emerging market client assets under management is sourced from large public funds investing into Western markets,” the analysts wrote.”Asset managers will increasingly find themselves up against technology players in the solutions space,” the report said.Increasing…

Read More
Markets News Stocks 

Are nightmares of the recession still haunting your investing dreams?

“Yet many Americans remain reluctant to invest in the stock market, a scary hangover from the 2007-09 recession” writes Anna-louise Jackson for marketwatch.com. Ignore short-term fluctuations (even bear markets) so you don’t second-guess your long-term investment strategy or worse yet, sell near the bottom.But the share of Americans with money invested in the stock market still hasn’t returned to prerecession levels, according to various studies. Source: marketwatch.com

Read More
Markets News 

Don’t look now, but global economic reports are starting to surprise investors in a good way

“Economic data continued to disappoint in early 2019, though more recent readings have shown signs of stabilization” writes Deputy Markets Editor for marketwatch.com. It’s worth watching, however, because it picks up changes much more quickly than the 12-week window (captured by the black line) which is similar to what’s used in most economic surprise indexes, he noted.Efforts by China to boost its economy, which is facing cyclical headwinds as well as trade-related worries, have also cheered investors.At the same time, worries over the outlook for global growth have at times…

Read More
Markets News Oil 

Venezuela’s falling oil supply is a major ‘challenge’ to global energy markets

“A major advisor to energy producing nations has suggested that the continued fallout from Venezuela could present a “challenge” for global oil markets” writes Callum Burroughs for businessinsider.com. State-owned oil producer PDVSA’s bonds rose sharply in January after some of the world’s biggest economies backed the leadership challenge.The International Energy Agency (IEA) has warned that crude supplies from Venezuela are at risk of falling sharply in the midst of an electricity crisis which has paralyzed the country recently.Other OPEC and non-OPEC nations have stepped in to plug the gap in…

Read More
AUD Markets News 

Dollar a tad softer ahead of European markets open

“It’s a bit more of a quiet start to the day but commentary coming out of China in support of its economy is helping to boost risk sentiment in Asia and that is helping to give the aussie and kiwi a lift higher as well” reports forexlive.com. The dollar is sitting at the bottom of the major currencies bloc as it reverses overnight gains with the Chinese yuan also holding steady against the greenback in light of the same reasoning above for the aussie and kiwi. Meanwhile, the yen is…

Read More
GBP Markets News Regulators 

Asia markets climb as Bank of Japan keeps monetary policy steady

“Asia Pacific markets mostly traded higher as investors reacted to the Bank of Japan’s monetary policy decision and economic outlook” writes Kiyoshi Ota for cnbc.com. Chinese mainland shares also traded higher: The Shanghai composite was up 1.29 percent while the Shenzhen composite added 1.74 percent. Source: cnbc.com

Read More
Markets News 

IS Prime Onboards Claudia Lucas to Institutional Sales Team

“IS Prime, part of the ISAM Capital Markets Group, is a prime of prime business owned by the London-based hedge fund International Standard Asset Management” writes Aziz Abdel-qader for financemagnates.com. Prior to landing at the institutional-client focused broker, Claudia worked at Formax Prime Capital (UK) Ltd as a senior business development executive for nearly 14 months.She joins the company with several years of experience in order to enhance its institutional sales team in Latam and Europe markets, with the group eyeing a broader focus and growth in the region. Source: financemagnates.com

Read More
Markets News Stocks 

Brian Livingston: The most reliable market indicator comes out at night

“The lunar indicator is an interesting quirk that most of us may never be able to take advantage of” writes Brian Livingston for marketwatch.com. If the lunar indicator is statistically significant, the question becomes, “What do we do with it?” Here’s where reality raises its ugly head.If the lunar indicator mysteriously reverses or disappears entirely, who are you going to complain to, the man in the moon?. Annualized gains are notably stronger in the market days around the new moon (the red columns) than the full moon (the blue columns).The…

Read More
Markets News 

Penn Dutch markets ordered not to sell 3,400 pounds of meat and poultry

“Two Penn Dutch Meat & Seafood markets have been ordered not to sell about 3,400 pounds of a variety of meat and poultry products after state inspectors uncovered possible unsanitary conditions in a walk-in chiller at one of the locations” writes Larry Barszewski for sun-sentinel.com. The Hollywood inspection found water dripping from the ceiling and blowing from fans in the chiller room and onto uncovered meat products, including turkey drums, ham hocks, chorizo and Georgia sausage. Source: sun-sentinel.com

Read More
Markets News Stocks 

The most reliable market indicator comes out at night

“The lunar indicator is an interesting quirk that most of us may never be able to take advantage of” writes Brian Livingston for marketwatch.com. If the lunar indicator is statistically significant, the question becomes, “What do we do with it?” Here’s where reality raises its ugly head.If the lunar indicator mysteriously reverses or disappears entirely, who are you going to complain to, the man in the moon?. Annualized gains are notably stronger in the market days around the new moon (the red columns) than the full moon (the blue columns).The…

Read More