Global Investing

What would a benign dictator do with the euro?

July 16, 2012

The idea of a “benign dictator” may well be an oxymoron but as a thought exercise it goes a way to explaining why giant global fund manager Blackrock thinks the chances of a euro zone collapse remains less than 20 percent.¬† When push comes to shove, in other words, Europe can sort this mess out. Speaking at an event showcasing the latest investment outlook from Blackrock Investment Institute, the strategy hub of the investment firm with a staggering $3.7 trillion of assets under management,¬† Richard Urwin said the problem in trying to second-guess the outcome of the euro crisis was the extent to which domestic political priorities were working against a resolution of the three-year old crisis.

from MacroScope:

Australia’s SWF lags in returns

October 19, 2009

Australia's Future Fund reveals that the fund's mixed asset portfolio (excluding Telstra holding) returned 5.6 percent in the third quarter.