Fernando González Urbaneja | The spring promised to be a prosperous one for the socialists after the relative triumph in the Catalan elections, which held out the possibility of a tripartite government (on the left); the ousting of the Partido Popular in some autonomous communities in collusion with Ciudadanos, which, by the way, distanced itself from the PP; the vaccination campaign that would put an end to the pandemic; and…
Read More
None of the respondents envisages downside for European equities by year-end, with twice as many projecting single-digit percentage upside than expect double-digit returns over the same period (in line with our projections of a further 5% rise in the Stoxx 600 by Q3)
Read More
Aneeka Gupta (WisdomTree) | The current earnings season sheds plenty of light on the outlook for global equity markets. This time last year, the world was thrown into disarray owing to the COVID-19 pandemic. Since then, we have seen lockdowns lifted as vaccination rollouts gather pace. In addition, the gradual resumption of economic activity, stimulative global fiscal plans, and the release of pent-up consumer demand are being reflected in first-quarter earnings results. As a result, the breadth of earnings revisions has been strongest in the US, followed by Japan, Europe while Emerging Markets and China are turning more neutral.
Read More
Pablo Pardo (Washington) | Kenneth Fisher has been in the investment fund industry for more than four decades. His fund management company Fisher Investment, had $139 billion under management as of 31 March, while his personal fortune amounted to $5.4 billion as of 30 April, according to Forbes magazine.
Read More
Fernando Rodríguez López de Andújar | Isabel perez Nivela is vice-president for legal affairs at Coca Cola European Partners, the bottling company that last year had a turnover of 10.6 billion euros (-11%) and was already listed in Amsterdam. so “taking advantage of brexit, which forces us to have a European market of reference, we have domiciled (Coca-Cola EP) in Amsterdam, whose stock exchange is quadrupling its business volumes since the brexit agreement. Amsterdam also has other prerogatives for long-term shareholders, such as allowing loyalty shares and other corporate governance issues that are not allowed in london. there you almost have to apologise for having a dominical chairwoman, even if she is appointed by a shareholder with more than 30% of the capital”.
Read More
