 
Emerging market companies top shareholder value rankings
Companies from emerging markets dominate rankings of world’s top shareholder value creators, says report by the Boston Consulting Group. Of the 142 companies included in this year’s global and industry rankings, 81 are located in developing economies—57 percent of the total; the top ten value creators in the 712-company sample are all from Asia—five companies listed on stock exchanges in China, two in Hong Kong, and one each in India, Indonesia, and South Korea. |
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Stock picking has never been so important, says Cartesian Capital
Stocks favoured by Cartesian includes British Gas parent Centrica, a company Hall believes should profit from householders’ drive towards energy efficiency. Cartesian will continue to place confidence in the performance of individual companies rather than macro developments, a stance that would only alter if there was a ‘full-blown resurgence’ in the recovery. |
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Joe Terranova foresees 'continued frustration' as investors grapple with latest market correction
Sees investing opportunities in strongest balance sheets. "Investors need to put their money on the team with the deepest bullpen -- the team with the best odds to still be standing in playoff season." Predicts that the UK will emerge from the crisis in better shape than prevailing pessimism suggests; also bullish on Russia, noting the country's strong capital inflows and the critical growth component of its ‘oil card.’ |
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Defence industry faces new challenges
Defence spending is most likely to go down or at best stay flat as a result of US and European governments’ budget deficit, according to AlixPartners study. Middle East spending is likely to become a more significant portion growing to $100 billion by 2014. Airlines industry traffic is back to pre-recession levels but still delivering very small profitability (0.5 per cent in 2010) for traditional carriers, putting them at a disadvantage to Middle Eastern carriers who have fared better. |
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Market structure is causing the IPO crisis
Dysfunctional market structure fuels unemployment and undercuts small cap IPOs; Wall Street’s increased focus on high-speed trading and larger-cap companies, coupled with decreased equity research coverage and sales support for small-cap businesses, is undercutting the ability of many companies to maintain adequate visibility with investors to support share prices. |
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Global securities regulators’ adopt new principles, focus on systemic risk
The International Organization of Securities Commissions (IOSCO) has published its revised Objectives and Principles of Securities Regulation (Principles) to incorporate eight new principles, based on the lessons learned from the recent financial crisis and subsequent changes in the regulatory environment |
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