AXA IM Trims French Bank Stocks With Bond Risk a Lasting Trend

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

AXA Investment Managers has cut its exposure to French banking stocks and sees no quick reversal in the recent rise in sovereign yields, according to portfolio manager Gilles Guibout.

Gilead Shot Prevents 100% of HIV Cases in Trial of African WomenMcDonald’s $5 Value Meal Intensifies a Fast Food Price WarForget Profits, IPO Investors Are Paying Up for Revenue GrowthFrench Bond Auctions Are First Big Test Since Macron’s GambitParis Gets a Wild Meme Stock as Atos Becomes a Chatroom FavoriteHertz Starts $750 Million Debt Sale to Bolster Balance SheetLazard Hunts for Private-Credit Acquisition to Boost Asset ManagementUK Arrests Pair in Alleged £1 Billion Illegal Crypto...

What you should knowFirst 2024 Canada carbon rebates will be deposited today for some CanadiansThe big benefits of adopting a debt-free lifestyleMost young adults think retiring by 65 is outdated: surveyXi’s Mystery PBOC Plans Take Shape With Biggest Shift in YearsSingapore Pilot Rental Site Gets No Bids in Blow to Tepid MarketUS Mortgage Rates Drop Below 7% for First Time Since MarchUS Property Investor Weighs Bid for Historic Red Star FCUK House Prices Edge Higher in Sign of Stability After...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

French Bank Stocks Drop After Snap Election Called(Bloomberg) -- French stocks fell on Monday after President Emmanuel Macron dissolved the country’s lower house of parliament and called new legislative...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »