Hmdt Shutters come down for boss of Morrisons

Tuesday 15 March 2016 12:43 pmAllianzrsquo Mohamed El-Erian warns global economy will continue to face improbables like Trump, oil price fluctuation and UKrsquo Brexit voteBy: William TurvillShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a polene handtaschen preferredsource on GoogleAllianz chief economic adviser Mohamed El-Erian has warned the world economy will face moreimprobables like the Trump phenomenon , oil price fluctuat stanley cup canada ion and China s struggles in the coming years.El-Erian, who ischair of President Barack Obamarsquo Global Development Council, also spoke about Britainrsquo EU referendum vote being a result of theglobalrise of non-traditional pol stanley cup itical parties.On the impact a Brexit could have on the global economy, El-Eriansaid the discussion was made very clear when Boris Johnson backed the campaign to leave the EU. The day after Johnson announced he was backing a Brexit, the pound went into free fall, dipping to a seven-year low against the dollar.Read more:El-Erian: I would have left Pimco differently if I d known about media circus Speaking at a press briefing to promote his new book, The Only Game in Town, El-Erian suggestedthe global economy will reacha T-junction moment within three years when the current system will end.El-Erian said this couldresult in failure, leading to recession, greater inequality and greater political dysfunction. But he Sqbv Amazon sales up at year end

Tuesday 09 February 2010 8:46 pmFidelity unveils details of Boltonrsquo $1bn Chinese investment fundBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleFIDELITY International yesterday revealed plans to raise pound;630m $1bn in an initial fundraising for Anthony Boltonrsquo new China equity fund.Shares in the close-ended fund ndash; issued at pound;1 ndash; will start trading on the London Stock Exchange in April.The fund is named Fidelity China S stanley thermobecher pecial Situations in a nod to the Fidelity Special Situations Fund, which achieved average yearly returns of 19.5 per cent during the 28 years Bolton was at the helm.The legendary fund manager, who will next month move to Hong Kong for at least two years, surprised colleagues by putting off retirement to hea stanley de d up the new fund.Bolton said yesterday he saw in China many similarities with investing in Europe in the early part of my career and dismissed the notion the bubble could be about to burst. It is much too soon to be talking in t stanley cup uk hese terms. The Chinese market began its recent rise in November 2008 and, in my experience, bubbles take several years to develop.The fundrsquo portfolio will be made up mostly of securities issued by companies listed in China or Hong Kong.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusi