Author: CapitalGainsFund

Jul 12

China Fund Profit Squeeze

Asset managers, including BlackRock Inc. and JPMorgan Chase & Co., are now facing mounting profitability pressures in the country even as they gain a bigger footing in China’s fast-growing mutual fund industry. Lianting Tu reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect […]
Jul 12

Dollar Rallies Against Peers as Euro Nears Parity

The euro moved toward parity as declines in stocks spurred haven demand for the dollar and the yen versus G-10 pairs. Garfield Reynolds reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
Jul 12

Fed’s George Warns Jumbo Hikes Risk ‘Oversteering’

Kansas City Fed President Esther George is warning that rushing to raise rates could backfire. George dissented on the central bank’s 75-basis point hike last month. Enda Curran reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: […]
Jul 12

Lombard Odier’s Lee Favors China’s A-Share Space

Homin Lee, Asia macro strategist at Lombard Odier, discusses China’s regulatory picture, his investment strategy and his outlook for the US dollar. He speaks on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/