As ever more investors move towards private and real assets, Asset News has surveyed index providers on their adjustment to the trend.
In the first half of 2019, Swiss stock exchange operator Six generated CHF 99.9 million (€91.8 million) in earnings before interest, taxes, depreciation and amortization (EBITDA) and CHF 551.7 million (€507 million) in operating income.
Chinese e-commerce giant Alibaba’s $15 billion listing in the Hong Kong stock exchange, set to take place in late August, has been postponed, due to the ongoing political unrest in the country.
Saudi Aramco has formally requested proposals from banks to prepare the world’s largest IPO ever.
The total dividends in the second quarter of 2019 touched $513.8bn (1.1% increase from last year) – setting a new record – but growth rate has slowed, affected by the strength of the US dollar.
High yield has little room for disappointment after its very strong showing this year, especially given its lack of liquidity.
After decent second-quarter results, companies are still upbeat for 2019. But that may not last.
While 2019 has been the year of larger-than-life IPOs, there have been a few scrapped public offerings, indicating investors’ scepticism over inflated company valuations and prospects of long-term profit.
In the second quarter of 2019, Portugal’s asset under management (individual and collective portfolios) amounted to €94,395.4m, registering an increase of €311.9m from the first quarter of the year and €1,178.3m more than the second quarter of 2018.