The announcement of 7,000 job cuts and a significant financial loss will not deter Deutsche Bank from its global strategy to increase its wealth assets under management, says its new CEO.
While these geopolitical changes undoubtedly caused a pause in the luxury real estate market, “by September 2017, most uncertainty was out of the market,” said Dan Conn, CEO of Christie’s International Real Estate.
More startlingly, there are 69 all male boards of investment trusts, compared with eight for companies in the FTSE 350.
And when it comes to funds they tend to like proven names and income generators, according to analysis of the 1,500 account-holders at broker Hargreaves Lansdown who have managed to accumulate private pension holdings exceeding the £1million mark.
Active managers have historically performed better on a relative basis when intra-market correlations are lower, dispersion levels are higher, and market leadership is not excessively concentrated.