Binah Wealth Capital’s Post

🌎Global Fiscal Policies & Credit Market Outlook, from the Unconstrained Fixed Income Team at Schroders US Fiscal Easing: Following the election, potential fiscal expansion in the US could impact inflation, with a "no-landing" scenario becoming more likely. Eurozone Tightening: Europe's budgetary tightening contrasts with its need for economic stimulus amidst global trade tensions and weak industrial growth. UK Stimulus Surprise: The UK budget delivered unexpected fiscal easing, presenting opportunities in gilts despite inflation challenges. China’s Cautious Steps: China’s fiscal measures seem insufficient amid economic slowdown, with expectations for more significant interventions. Investment Opportunities: Eurozone and UK gilts are more attractive than US bonds due to current valuations. Weak European growth and trade friction likely weaken the euro against the US dollar. Agency mortgage-backed securities stand out as a high-conviction choice. These diverse fiscal paths create strategic opportunities across bonds, currencies, and asset classes. 📈 Material for Professional Investors. Full the article below: https://okt.to/gNYTJ5

An estimated US$24.4 trillion is invested in #privatemarkets globally, while public markets showed resilience with just a 3.5% decline in 2022. Can both markets tackle challenges in #capital allocation, economic inequality, and systemic risks? Hear insights from top #finance experts and visionaries at #FII8 on leveraging both private and public markets that will shape the future of #investment. Read the official factsheet and download the full program: https://bit.ly/FII_8 📍 Riyadh | 🗓️ Oct. 29-31, 2024

How the UAE’s capital markets are seeking the spotlight

📉 Current Trends in the Stock Market: A Focus on Dubai Financial Market (DFM) 📈 The global stock markets are experiencing heightened volatility, and the Dubai Financial Market (DFM) is no exception. Several factors are contributing to this environment: -Global Economic Uncertainty: Ongoing geopolitical tensions, fluctuating oil prices, and concerns about a global economic slowdown are affecting investor sentiment worldwide. -Rising Interest Rates: As central banks continue to increase interest rates to combat inflation, the cost of borrowing rises, which can dampen consumer spending and corporate profits, ultimately impacting stock prices. -Sector-Specific Impacts: In Dubai, sectors such as real estate, banking, and tourism are particularly sensitive to changes in economic conditions. Investors should monitor these sectors closely for signs of resilience or further pressure. Given these dynamics, what should investors consider? -Focus on Fundamentals: Despite market fluctuations, companies with strong fundamentals—solid cash flows, manageable debt levels, and competitive advantages—are likely to weather the storm better. -Diversification: A well-diversified portfolio can help mitigate risks. Consider spreading investments across different sectors and regions to cushion against localized downturns. -Long-Term Perspective: While short-term volatility can be unsettling, maintaining a long-term perspective may help investors stay the course and avoid making impulsive decisions based on market noise. Remember, navigating these turbulent times requires a disciplined approach and a clear understanding of your risk tolerance and investment goals. Disclaimer: This post reflects my personal opinions and insights, and should not be taken as financial advice. Always consult with a financial advisor before making any investment decisions.

🌐 In the 4th edition of The Corporate Reviews, Hüseyin Akar, CESGA, Chief Economist at TEB Asset Management, discusses Türkiye's economic reforms targeting inflation and current account deficits. He also talks about the promising outlook for Turkish financial markets, with potential investment opportunities. 🗣️ "The investment case is solid, and we expect foreign ownership to increase going forward with better macro outlook, strong earnings and expanding multiples", says Hüseyin Akar. ➡️ You can read it now in the following link: https://lnkd.in/gHzh6-za

Economy Middle East Summit I Panel 3: Digital Frontiers in Finance: Exploring Tomorrow's Financial Services Landscape   This session will discuss the transformative impact of digitalization in the financial sector, from accelerating digital transformation and establishing secure digital ecosystems to embracing fintech innovations that reshape the financial landscape for both individuals and companies alike, whether it’s in the field of banking, insurance, stock markets or asset management. Experts will also discuss the future of market trade, highlighting the interplay between innovation and regulation and the transformative technologies and strategies that are setting new standards. Additionally, our speakers will share insights on navigating the complex regulatory challenges accompanying these advancements, offering perspectives on adapting to an ever-evolving regulatory landscape. Join us to explore the strategies, challenges, and opportunities that digitalization presents to the banking and finance industry, within the evolving regulatory contexts, shaping the future of financial services. Panelists: Emmanuel Givanakis, CEO Financial Services Regulatory Authority, Abu Dhabi Global Market (ADGM) Rola Abu Manneh, CEO UAE, Middle East and Pakistan, Standard Chartered   Moderator: Jean Abou Assi, Partner leading digital financial services, PwC Middle East   For the full event agenda, click here: https://lnkd.in/gR9yEQBN #EconomyMiddleEastSummit #EconomyMiddleEast #FutureofGrowth #Finance #DigitalFinance #Digitalization #Banking #Fintech

📍 Are financial markets reflecting the geopolitical risks of the times? 📍 Is it possible for clients to wait and let portfolio managers handle volatility? 📍 What directions is "smart money" flowing into? 📍 What must happen for interest rates to decrease again? 📍 What will happen to the last mile of inflation decrease (3% to 2%)? Factors causing structural inflation. 📍 How are businesses resisting the situation in Q1/2024 as seen in their benefits? 📍 Will we see a cross-sectoral growth in 2024 and not just mostly in IT? 📍 Is current public debt a problem? Insightful session delivered by frontline experts and moderated by José Miguel Maté, Vice Chair of EFPA España . Introduction by Pedro Rodriguez, Política Exterior magazine. #efpacongress24 #investment #assetmanagement #efpa With Gonzalo Rengifo Abbad , Pictet Asset Management Domingo Torres Fernández, Lazard Joaquín García Huerga, BBVA Lucía Gutiérrez Mellado, J.P. Morgan Asset Management Spain and Portugal Tomorrow's workshops will pay attention to fiscal policies and other related topics.

We are excited to launch the first edition of the Industry Multiples in the GCC publication, offering an in-depth analysis of implied multiples of a range of sectors such as banking, education, energy, healthcare, hospitality, insurance and real estate. Dive into our comprehensive review of key equity and enterprise value metrics, including EV/Revenue, EV/EBITDA, P/E, and P/B ratios, to understand market performance and economic trends across the GCC region. https://lnkd.in/dWF2zHG4 #valuations Anshul A Gupta Rajiv Maloo Nigam Gandhi Wissam Fakhoury Kushagra Ladha Raj Kumar Rasappan Nick Lloyd Anurag Joshi

🌍 Exploring Ethiopia's finance sector at the 7th East Africa Summit: Insights on M&A, financial liberalization, and regional economic strategies. 💼 Discover key insights from our recent session on Ethiopia's finance sector opening and foreign entry: ↘️ M&A Strategic Importance: Ethiopian banks must understand bank valuation, synergies, and negotiation strategies for effective mergers with international banks, enhancing global competitiveness. ↘️ Financial Liberalization: Opening Ethiopia's finance sector involves eliminating credit controls and liberalizing capital flows, offering opportunities like increased competition and knowledge transfer, while posing challenges such as ownership changes and intensified competition. ↘️ Regional Economic Landscape: Understanding global economic shifts is crucial for Ethiopia's finance sector, focusing on tailored approaches to attract foreign investment and enhance market infrastructure. ♦️ Highlights from our panel discussion on Ethiopia's finance sector and foreign participation: ✔️ Direction for Foreign Participation: Mr. Abie Sano emphasized the need for clarity on entry modalities and sectors open to foreign banks, stressing a clear regulatory framework and regulatory body reforms. Potential impacts on Ethiopian banks include heightened competition and talent challenges. ✔️ Role of Universities: Addis Ababa University highlighted its autonomy to innovate and align curriculum with industry needs. Focus areas include digital solutions and AI for capacity building in the finance sector. ✔️ Mergers and Acquisitions (M&A): Panelists discussed strategic M&A approaches and potential joint ventures for foreign banks, advocating for voluntary engagement over forced mergers. ✔️ Digital Banking and Talent: Addressing digital banking challenges, including recent operational issues, panelists underscored the importance of efficient rural branch distribution and operational resilience. Stay tuned for more updates on Ethiopia's journey towards a more integrated global finance landscape! 🌍💼#EthiopiaFinance #GlobalCompetitiveness #FinancialIntegration #HigherEducation

HKSAR Institutional RMB Government Bonds tender results on 14th November 2024 – $138 million (RMB 1 billion) 2-year bonds coupon 2.04%with average yield at 2.062%, $207 million (RMB 1.5 billion) 10-year bonds coupon 2.46% with average yield at 2.454%. Read - https://lnkd.in/g-auz2VV follow Caproasia | Driving the future of Asia HKSAR Institutional RMB Government Bonds tender results on 14th November 2024 – $138 million (RMB 1 billion) 2-year bonds coupon 2.04%with average yield at 2.062%, $207 million (RMB 1.5 billion) 10-year bonds coupon 2.46% with average yield at 2.454%.