Mark Haefele
5 results

World’s top wealth manager urges clients to sell stocks
- Economy
- August 27, 2019, 01:00
The world’s largest wealth manager has turned bearish on stocks, fearing that the latest escalation of the trade fracas between the US and China poses(...)

Outflows from UK-focused equity funds since Brexit vote hit $20bn-plus
- Financial Services
- November 25, 2018, 19:00
Investors have withdrawn more than $20 billion (€17.5 billion) from UK-focused equity funds since the EU referendum in 2016 as concerns mount about th(...)

Sterling: more pain for exporters, but it could have been worse
- Markets
- June 9, 2017, 13:02
The projected crash in sterling on foot of Theresa May’s election reversal hasn’t, as yet, materialised The currency was this morning trading 1.5 pe(...)

Global bond markets rebound as euro-dollar parity bets soar
- Markets
- November 15, 2016, 18:52
Bonds rallied globally on Tuesday as concerns eased that Donald Trump will fuel inflation with a massive spending plan, though mounting trader bets th(...)

Market loses more than €2 trillion as China slows
- Markets
- January 9, 2016, 01:00
More than €2.1 trillion was wiped off global stocks this week as China’s slowing economy and currency depreciations spooked investors around the world(...)