Positive earnings reports from US retail giants helped support sentiment in Wall Street overnight, but attention is on the future of monetary policy
Though highly skilled, SA farmers need access to support services to meet consumer demand for close-at-hand ethically farmed, organic produce
Durban plant may be at full steam only next year, with lost production of 68,600 vehicles likely
The governing party is discussing whether those criminally convicted of a serious crime should still have a home in the ANC
Headline earnings per share are expected to fall by between 47% and 52% in the miner's half-year, with gold production falling by more than three quarters
July credit and debit card transactions and vehicle sales show us demand is strong
New survey highlights the gender imbalance that has overshadowed SA’s corporate sector for years
The South American country’s most polarised election in decades pits a nationalist populist against a former union leader who was jailed for corruption
England Test captain says he hopes his team has retained their “venom” before the three-match series against SA
Remarkably easy to travel to and magnificent to behold, the Falls are the top attraction of this Zimbabwean town with decent hotels and outdoor activities
New York — After emerging-market stocks led global equity markets lower in a brutal 2018, some US-based fund managers are betting that the asset class may have the largest rebound in the new year.
It may not look likely at the moment, given that an economic downturn in China prompted iPhone-maker Apple to lower its quarterly revenue forecast on Wednesday for the first time in a decade. Its shares slumped nearly 10% after CEO Tim Cook blamed the US-China trade war and “economic deceleration”, prompting broad sell-offs around the world the following day.
Yet fund managers from Westwood Holdings Group, GMO, T Rowe Price and Causeway Capital Management are among those who are betting that emerging-market stocks will post outsized gains in 2019. They cite a combination of compelling valuations and a likely decline in the value of the dollar that will help accelerate economic growth.
As China continues to bear the brunt of US President Donald Trump’s focus on trade tariffs, fund managers ...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.