A slump in Chinese consumer confidence is holding Sanlam investments’ Hannah Gooch-Peters back from buying luxury stocks like LVMH. Speaking to CNBC’s Silvia Amaro, the portfolio manager said she would need a “larger margin of safety” before investing in the world’s largest luxury group. “A lot of these European companies were really deriving their growth…
Investors eyeing up firms with the potential to become the “blue chip companies of the future” should look to India, according to GIB Asset Management’s Kunal Desai. The portfolio manager said India’s geopolitical positioning is “favorable in this Trump 2.0 era” as investors assess the country’s ability to take advantage of a possible trade war…
Investors should consider quality firms in China and Europe with superior valuations that have executed very well despite the “dire” political and economic situations in these markets, according to Pella Funds’ Jordan Cvetanovski. In the last two to three months, Pella Funds has been looking for opportunities in China and has increased its exposure to…
Investors should look to the unloved region of Europe for opportunities, according to fund manager Sean Peche, who said there are some “very attractively priced” companies in the region. Europe has fallen out of favor, Ranmore Fund Management’s Peche told CNBC’s Silvia Amaro — and investors have been distracted by Donald Trump’s U.S. election win. “At…
Jill Dehnert, group publisher of lifestyle brands at Vox Media, announced today that Talia Baiocchi has been promoted to general manager of Eater, PS (formerly Popsugar), Punch, and Thrillist. In this role, Baiocchi will be responsible for developing the business of those brands, with a primary focus on growing sponsorships across platforms. Baiocchi was previously…
Sporting Head Coach Ruben Amorim prior to the match between Sporting CP and CD Nacional at Estádio José Alvalade on October 29, 2024 in Lisbon, Portugal. Pedro Loureiro | Getty Images Sport | Getty Images English soccer giants Manchester United on Friday confirmed the appointment of Ruben Amorim as their new manager, shortly after sacking…
