Month:

September 2021

Breeden hurt as Xchanging PR push fails

first_img Show Comments ▼ HEDGE fund boss Richard Breeden was burned by a second support services company yesterday as a badly-timed PR move by Xchanging wiped 11 per cent from its market value.Breeden European Partners saw £158m shaved from its stake in the outsourcing provider as nervy investors fled the stock. Just a fortnight ago, Breeden crystallised a £30m loss by selling out of troubled support services firm Connaught, which is battling for survival in the face of government spending cuts.Shares in Xchanging fell 10.8 per cent to 110p after the market was spooked by an unexpected conference call in which chief executive David Andrews tried to dispel “baseless rumours” circulating about the company. Andrews insisted Xchanging’s accounting practices had been approved by its auditor, while finance director Richard Houghton said its profit and loss account had not been flattered by deferred income.Although the announcements were designed to reassure investors following the high-profile problems suffered by Connaught and Rok, many analysts missed the call as it coincided with results from Serco.Caroline de La Soujeole at Seymour Pierce said the board was right to fight back against gossip. “They just picked the wrong day to do it.”Mike Allen at Panmure Gordon said: “If a company in this market has to defend its accounting policy, it’s a bit of a recipe for disaster.” whatsapp whatsapp Wednesday 25 August 2010 9:01 pm KCS-content More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Breeden hurt as Xchanging PR push fails Share Tags: NULLlast_img read more

DEUTSCHE MAN JOINS GOVERNMENT TEAM

first_img Share KCS-content Wednesday 6 October 2010 8:48 pm More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Show Comments ▼ Tags: NULLcenter_img DEUTSCHE MAN JOINS GOVERNMENT TEAM Anthony Odgers, a senior member of the corporate restructuring team at Deutsche Bank, has joined the body responsible for looking after the government’s assets, the Shareholder Executive, as it steps up efforts to find buyers for assets including the Tote, Royal Mail and the Student Loans portfolio. He joined Deutsche Bank in May 2007 as chief operating officer for telecoms M&A in Europe from Lehman Brothers. whatsapp whatsapplast_img read more

UK government borrows record £10.3bn in October

first_img UK government borrows record £10.3bn in October Thursday 18 November 2010 5:53 am whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Tags: NULLcenter_img Show Comments ▼ John Dunne The UK government borrowed £10.3bn in October, figures from the Office for National Statistics show.It is a record for October and is up from £10.1bn in the same month last year.The figure – which was in line with analysts’ forecasts – brings the amount the government has borrowed since the start of the financial year to £83.8bn.The borrowing rise came despite signs that the Treasury’s tax take has risen. Sharelast_img read more

Retail sales up 0.3pc

first_img whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Retail sales rose at a slightly weaker than expected pace in November but the previous month’s growth was revised up, leaving the broad picture unchanged from analysts’ forecasts.The Office for National Statistics said sales volumes including automotive fuel rose 0.3 per cent last month and by an upwardly revised 0.7 per cent in October. Analysts had forecast a rise of 0.4 per cent on the year for an annual rise of 0.7 per cent.The figures highlighted growing price pressures, particularly for clothing and footwear which may dismay policymakers worried about a combination of slow growth and rising inflation.The textile, clothing and footwear deflator stood at 2.5 per cent, the highest since the series began in 1988. It said that retailers claimed they had been absorbing higher cotton prices but the figures suggested otherwise.The ONS said sales growth on the month was driven by the other stores category with sales of toys, sporting goods, watches and jewellery all up. Households goods sales fell sharply.Internet sales accounted for 10.5 per cent of all sales, the highest proportion on record and versus 7.9 per cent a year ago. The ONS said there was anecdotal evidence that shoppers were browsing for goods in stores before purchasing on the internet. John Dunne whatsapp Thursday 16 December 2010 5:21 am Retail sales up 0.3pc center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todaymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Share Show Comments ▼ Tags: NULLlast_img read more

Inflation fears grow before publication of Bank minutes

first_img Show Comments ▼ whatsapp Inflation fears grow before publication of Bank minutes whatsapp KCS-content Sharecenter_img Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com CONCERNS over inflation at the Bank of England will come to the fore this week, when the Monetary Policy Committee releases minutes of its December meeting on Wednesday.Forecasts for inflation levels in 2011 need to be revised upwards again, financial consultants Fathom said.“On balance, we still think the inflation overshoot will prove temporary and is not an indication of excess demand,” Fathom said. “And yet here we are once again, revising up our short term forecast.”Consumer price index inflation will average 3.4 per cent next year, Fathom estimates.Last week a Bank of England survey showed that people expect inflation to hit 3.9 per cent in 2011. Sixty-one per cent say this will weaken the economy.Price pressure will increase further in the new year when VAT increases to 20 per cent on 4 January.If inflation remains above the target level of two per cent, Bank governor Mervyn King will be obliged to write more letters to chancellor George Osborne explaining the failure to keep inflation in check.“The amount of spare capacity in the economy is uncertain,” said George Buckley of Deutsche Bank, “which makes forecasting inflation exceptionally tricky.” Sunday 19 December 2010 10:40 pmlast_img read more

British Land pays £240m for Plymouth mall

first_img British Land pays £240m for Plymouth mall Share Show Comments ▼ whatsapp Thursday 6 January 2011 4:34 am Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comcenter_img whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org British Land, the second-biggest landlord by market value, has bought a mall in Plymouth for £240m to add to its growing retail portfolio.The 425,000 square feet Drake Circus shopping centre was bought at a net initial yield of six percent, with the potential for income growth through asset management, the real estate investment trust said in a statement.“We see significant potential to add value at Drake Circus over the coming years by leveraging our extensive asset management skills and retailer relationships,” British Land chief executive Chris Grigg said.Located in the middle of Plymouth city, the mall has a catchment area covering Devon and Cornwall and an annual footfall of nearly 19 million people, and is anchored by tenants including Primark, Marks & Spencer and Next.Real estate investors have been showing new interest in UK malls, which they expect have hit a bottom in capital values and rents, and are set to rise as the economy stages a tentative recovery. John Dunne last_img read more

Goldman to exclude US from Facebook placement

first_img Tags: NULL Goldman to exclude US from Facebook placement More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Show Comments ▼ whatsapp GOLDMAN Sachs has decided to limit its private placement of Facebook shares to investors outside the United States, citing “intense media coverage,” according to the investment bank.“In light of this intense media coverage, Goldman Sachs has decided to proceed only with the offer to investors outside the US,” the company said in a statement.Goldman began notifying clients of its decision on Sunday night in Asia, and clients in Europe and the United States were being told on Monday, the Wall Street Journal reported.Goldman said the decision not to conduct a private placement of the shares of Facebook, a closely held company, in the United States was solely its own and was not required or requested by any other party. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Adscenter_img Share alison.lock Monday 17 January 2011 1:46 pm whatsapplast_img read more

Intel poaches technology guru Huggers from BBC

first_img ERIK Huggers, the BBC’s high-profile technology chief, has been poached by chipmaking giant Intel. The departure, first revealed on Cityam.com yesterday afternoon, is a massive blow for the corporation, which has significantly boosted its online presence under Huggers.Huggers, who became the BBC’s director of future media & technology in August 2008, is emigrating to Silicon Valley in California to become corporate vice president and general manager of Intel’s digital home group.Sources close to Intel said Huggers would earn “considerably more” than he does at the BBC. Last year, he took home a pay cheque of £407,000. He is following a similar path to his predecessor Ashley Highfield, the architect of the BBC iPlayer, who quit the state-funded broadcaster in 2008 to join Microsoft. In a memo to BBC staff, seen by City A.M., director general Mark Thompson said Huggers was not being directly replaced. Instead, chief technology officer John Linwood will be given extra duties while Ralph Rivera will become director of future media, with responsibility for the iPlayer. whatsapp KCS-content whatsapp Intel poaches technology guru Huggers from BBC More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPuffer fish snaps a selfie with lucky divernypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Tags: NULL Tuesday 18 January 2011 8:35 pm Show Comments ▼ Sharelast_img read more

Rio Tinto bid for Riversdale wins backing of key shareholder Tata

first_imgMonday 24 January 2011 7:33 pm whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com RIO TINTO’S $3.9bn (£3.3bn) bid for Africa-focused coal miner Riversdale gained steam yesterday after a representative of Riversdale’s top shareholder Tata Steel backed the offer.The full board of Riversdale, coveted for its coal projects in Mozambique, recommended the bid saying it was unaware of any other offers in the works, even as an Indian consortium said it planned to decide on 27 January whether to bid.Riversdale managing director Steve Mallyon said his company “had not had one call” from the consortium, which is called ICVL and made up of an Indian steel maker, iron ore miner and a utility that may be interested in the coal for its own use.“I’ve met a couple of the companies in ICVL (in the past) and I am at a loss to understand the interest,” Mallyon said.Mallyon said negotiations were already underway to sell a large portion of the company’s future coking coal to steelmakers in Brazil, Europe and possibly China and talks were in a late stage to tie up the company’s thermal coal output with a major commodities trading house, leaving little for Indian buyers.“So we’ve only got about 10 million tonnes of coking coal to play with for a number of years and that’s not a lot to play with,” Mallyon said. “This does not seem to be the type of tonnes the Indians would be seeking.”Tata Steel has already signed a supply agreement for 40 per cent of the production from Riversdale’s main Benga mine, scheduled to start up this year. Show Comments ▼ Share whatsapp Rio Tinto bid for Riversdale wins backing of key shareholder Tata KCS-content Tags: NULLlast_img read more

Funds target emerging markets

first_img Funds target emerging markets Share Monday 14 February 2011 9:31 pm Tags: NULL whatsapp Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap whatsapp Show Comments ▼ KCS-content ECONOMIC recovery in different global regions is happening at varying speeds, leading asset managers to invest in a wide range of emerging markets for growth, a new survey found yesterday.Fund managers are cautiously optimistic that indebted western economies will deal with sovereign debt, but are targeting Asia for returns, a survey by RBC Capital Markets concluded.Almost 70 per cent of respondents expect an Asia rally this year, led by smaller markets such as Hong Kong, Singapore and South Korea, which are thought to hold better prospects for growth this year than in 2010.Other favoured emerging markets include India, which 66 per cent believed will grow more this year; China, where 65 per cent anticipated higher growth and Russia, where 51 per cent expect more growth. However, optimism was also high that resource-rich frontier markets such as Africa would also rebound strongly this year: 44 per cent were hopeful of expansion there.“Emerging markets are more diversified than ever and are growing at different rates,” said Marc Harris, co-head of global research at RBC Capital Markets. “Investors are recognising the need to look beyond the four traditional emerging markets and are now looking to intra-regional differences.”Respondents were investing more carefully and with greater awareness of risk and volatility, the survey found.Asset managers had growing faith in the Eurozone, with just over a quarter expecting a decline in the region compared with 40 per cent a year ago. But the US is out of favour, with respondents expecting equity market gains falling from 66 per cent to 54 per cent. . last_img read more