RECENT Active Management RESEARCH
At its June 14–15, 2016, meeting, the FOMC decided to maintain the interest rate at 0.25%–0.5%. This marked the fourth consecutive meeting of no change since the rate hike in December 2015.
KKR & Co. (KKR) is expected to post EPS of $0.39 in the June quarter—compared to $0.88 in the same quarter last year and losses in the previous quarter.
In its 25th annual Global Economic Prospects report, the World Bank did not have many good things to say about the global economy in 2016.
An assessment of a bull market isn’t complete without looking at the companies’ PE ratios. Generally, the ratio rises during a bull market.
George Soros has a bearish outlook for global markets. He believes that the rally in recent years was an artificial rally boosted by persistently low interest rates.
Berkshire Hathaway’s (BRK-B) stock has fallen by 0.5% over the past month but has risen by 1% over the past year.
Laurence D. Fink of BlackRock expects consolidation in the hedge fund industry. In this series, we’ll explore Fink’s reasoning and look at the industry’s performance.
Carlyle Group (CG) is expected to post earnings per share of $0.40 in 2Q16. The company reported 1Q16 EPS of $0.18, beating the Wall Street analyst estimate of $0.13.
The RBI (Reserve Bank of India) left its benchmark interest rate, the repo rate, unchanged in its policy meeting on June 7, 2016.
Prospect Capital’s (PSEC) stock has risen by 5% over the past three months on its stable operating performance.
In his latest monthly investment outlook for June 2016, bond market veteran Bill Gross talked about “carry” in financial markets.
BlackRock has become the world’s largest asset manager in just two decades. The company is managing $4.7 trillion in assets.
The Shanghai Stock Exchange (or SSE) Composite Index rose from May 25 to June 1, 2016, and closed at 2,913.51 on June 1.
The three US stock indexes that we review in this weekly series rose from May 24–31, 2016, amid mixed economic data.
Investment-grade bond yields fell slightly for the week ending May 27 after Fed Chair Janet Yellen stated that a rate hike would be appropriate in the coming months.
Sam Zell, a real estate tycoon, said in an interview wth CNBC on May 24, 2016, that “the Federal Reserve should have raised interest rates two years ago.”
The Fed’s hawkish tone and repeated references to June as a possible candidate for a rate hike were unexpected by market participants.
The SSE Composite Index was almost flat for the week ending May 27. It ended at 2,821.05 on May 22. Investors were cautious about a probable rate hike in the US.
In April 2016, hedge funds outperformed the CTA index. Worldwide, central banks’ dovish policy stances helped the funds to provide such returns.
Upbeat new home sales data boosted investors’ sentiments about US economic recovery, causing US equity indexes to rise from May 17 to May 24, 2016.