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Finance & Markets

Why Private Funds Make Ann Berry Nervous

Private-market investing is becoming more accessible, but Ann Berry, Threadneedle Ventures Founder, is warning investors not to confuse accessibility with transparency. She joined Bloomberg Open Interest to explain why valuing private companies requires specialized expertise, why ordinary investors may struggle to assess the underlying businesses, and why these new publicly traded funds require…

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Carry Trade: Supportive backdrop holds – OCBC

OCBC’s Sim Moh Siong and Christopher Wong note that in-line United States (US) inflation and a modestly lower probability of a September Federal Reserve (Fed) hike have left the US Dollar (USD) broadly range-bound while risk assets continue to rally.

Jockey India licensee's quarterly profit falls on higher expenses

Page Industries, the Indian licensee of apparel maker Jockey International, reported a first-quarter profit fall on Thursday, as expenses rose due to higher raw materials prices. The company posted a profit of 1.93 billion rupees ($20.22 million) for the three months ended June 30, compared with 2.01 billion rupees a year earlier.

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