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U.N. chief declares women's inequality 'stupid' and a global shame - Thu, 27 Feb 2020 20:33:23 -0500
U.N. chief voices concern about fighting in northwest Syria, calls for ceasefire - Thu, 27 Feb 2020 20:17:25 -0500
FOREX-Dollar stumbles as coronavirus ramps up Fed cut bets - Thu, 27 Feb 2020 20:17:11 -0500
Chinese regulators remove game "Plague Inc" from China app stores, developer says - Thu, 27 Feb 2020 20:12:46 -0500
Global funds cut equity exposure in turbulent February, eye virus risk: Reuters poll -

Global funds cut equity exposure in turbulent February, eye virus risk: Reuters pollThe findings come as major indexes on Wall Street look set for their steepest weekly plunge since the global financial crisis more than a decade ago, as rising numbers of new coronavirus infections outside China increase fears of a pandemic. "At present we feel it is appropriate to err on the side of caution until the scale and impact of the virus, and the longer-term economic implications, are slightly better understood and quantifiable than they are today," said Mark Robinson, chief investment officer at Bordier & Cie UK. The monthly poll of 38 wealth managers and CIOs in Europe, the United States, Britain and Japan, taken Feb. 11-27, showed equity exposure fell on average to 49.1% in a global balanced portfolio, from 49.7% in January, which was a two-year high.


Thu, 27 Feb 2020 20:10:45 -0500


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