RAM Experts: October Set a Record for M&A activities
09-Nov-2016 / Products & Services Specialists of the Rietumu Group have prepared a new review on the profitability of investment funds of Rietumu Asset Management in October. The review includes an analysis of key economic indicators and monetary policy. It provides comprehensive information on the situation on stock markets, bond, currency and commodity markets. The review is accompanied with extensive comments from experts.
“GDP growth rate in the U.S. exceeded expectations and debunked investor’s fears about possible stagnation of the world biggest economy. The positive surprise stemmed from such volatile GDP components as net export and business inventories. Overall, the U.S. economy remains healthy with strong labour market and continued consumer spending growth. In the near-team, the Republicans victory could benefit defensive assets”, consider experts.
“Inflation in the euro zone grew by 0.5 per cent – a number that Europe haven’t seen since June 2014. Steady growth of the euro zone economy showed resilience to Brexit. However, planned economic growth of 6.7 per cent in China and declining production of major mining companies have favorably affected industrial metals prices. The strengthening dollar partly mitigated the favorable effect and negatively influenced gold prices. During the month oil prices fluctuated above the level of 50 dollars per barrel”, note the experts.
It is also noted in the review that this month set a record for M&A activities in the world. There were more than $500bn in M&A deals – a number equal to the size of Belgium economy. Financial markets were calm in October as investors took watch-and-see attitude.
The RAM review and latest expert comments can be read here.
Rietumu Asset Management (RAM) is part of Rietumu Bank, the leading private bank in Latvia. The company provides professional asset management services. RAM’s products and services are intended for a wide range of investors and are designed to meet the specific demands and needs of each customer. In the current market conditions, RAM’s specialists offer their customers the ability to reach an effective yield to risk ratio.
DISCLAIMER: This overview (including any attachment (-s)) does not constitute a request, offer, recommendation or invitation of any kind to buy, sell or redeem any financial instruments or to conclude and/or to perform other transactions of any kind. The authors of the information presented in this overview, as well as JSC “Rietumu Asset Management" IMF, registered in the Commercial Register of Republic of Latvia on January 29, 2014, registration number 40103753360, legal address: 7 Vesetas Street, Riga, LV-1013, Latvia, hereinafter referred to as “RAM” , both together and individually, are not liable for possible use of the information presented in this overview, including any direct or indirect damages (including lost profits), as well as any penalties. Evaluations, opinions and forecasts presented in this overview are based solely on the RAM’s specialists' conclusions regarding financial instruments and issuers considered in this overview. While the information contained in this overview is obtained from sources believed to be reliable, the RAM does not guarantee its accuracy and completeness. Any of your investment decision should be fully based on your assessment of your personal financial circumstances and investment objectives. The RAM draws your attention to the fact that transactions in the securities and financial instruments market involve risk and require appropriate knowledge and experience.
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