Day: 14 April 2020

Global Fund Manager Survey: Recession Fears Dominate

In April, Global Investors Extremely Pessimistic Re World Growth Recession fears dominated in April, with global investors extremely pessimistic about world growth prospects in the wake of the spread of COVID-19, according to the findings of Bank of America (BofA) Global Research’s monthly fund manager survey, released Tuesday. A record net 93% of portfolio managers […]

Tan Joins IS Prime

Anthony Tan has joined IS Prime in Hong Kong as vice president, trading solutions – Asia. He joins from Invast Global where he was head of dealing services in Sydney. In the new role Tan will manage the IS Prime’s’s liquidity and risk client relationships across the Asia Pacific region and will report to Will Robbins, […]

FSB Releases Global Stablecoin Recommendations

The Financial Stability Board (FSB) today published for consultation 10 high-level recommendations to address what it sees as the regulatory, supervisory and oversight challenges raised by global stablecoin (GSC) arrangements. With continuing technological innovation in the financial sector as well as the COVID-19 pandemic, alternatives to cash may become yet more attractive, notes the FSB in a […]

Another ‘Decision” Drama with Lives in the Balance

Many US state governors and their medical advisers are pondering President Trump’s assertion Friday that “the biggest decision I’ve ever had to make” is something they will want to go along with at the end of the month. Some expressed concerns the president’s continual emphasis on reopening the economy could eventually short-circuit the extraordinarily unified […]

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