Shift To Defensives as $ACWI Makes Push for $93; Remain Overweight Europe; Opptys in China/HK, Japan
$ACWI, $ACWX, $EFA, and $EEM all reversing topside their 2-month downtrends. Despite this bullish short-term development, we still expect $93 to...
615 Views
Allied Blenders and Distillers Pre-IPO - Yet to Recover from COVID-19
Allied Blenders & Distillers (ABD IN) is looking to raise about US$250m in its upcoming India IPO. I-Sec, Axis Capital, JM Financial, Kotak and...
733 Views
India-UK FTA: Can Be Game-Changer for Liquor Industry
The FTA can be a game changer for the Indian Liquor Industry, as customs duty might be slashed sharply. It can open up new avenues for exports for...
400 Views
Emperador SGX Secondary Listing: Scotch, Not so Neat
Emperador is pre-marketing a secondary listing on the SGX IPO by raising US$300-500m. While the fundamentals are solid the valuation looks full in...
656 Views
Global Consumer Staples: Allocations at Rock Bottom as Growth Investors Flee
Allocations in Consumer Staples stocks are at decade-long lows. Average fund weights among active Global managers stand at 7.65% following an...
528 Views