UBS Group AG will liquidate a flagship actual property fund within the newest signal of the turmoil brought on by traders pulling cash out of slumping business actual property markets. The fund, which was inherited within the takeover of Credit score Suisse, was extremely uncovered to among the weakest sectors. It had over 80 per … Read more
Swiss-headquartered UBS, a world wealth administration main, means that any important weak spot in Indian equities post-election outcomes on June 4 may current “buy-on-dip” alternatives for buyers. On the mounted earnings facet, medium-to-long length bonds are in a “candy spot” and will change into much more engaging if bond yields spike because of sure election … Read more
This is because of world (weaker progress) and native components (softness in public capex) The expansion momentum of the primary three quarters of FY24 is predicted to proceed as cyclical restoration and structural enhancements stay in play, UBS stated in a report. Additionally learn: Import substitution in capital items is essential for financial progress: Minister … Read more