UBS Asset, Pictet Seek Out Inflation Safe Havens in Stocks
With the global inflation debate intensifying, equity investors are fine tuning their portfolios to guard against the impact of price pressures.
Asian stocks are falling further behind their global peers, buffeted by a resurgence of Covid-19 cases across the region and mounting investor concern over inflation.
The Biden administration is set to announce it’s reached a truce in a dispute with the European Union over metal tariffs, sparing iconic products such as U.S. bourbon whiskey from a doubling of EU duties next month, people familiar with the matter said.
BlackRock Inc. will ask U.S. employees to return to offices in September, when it will begin a trial period allowing some remote work each week.
Power Corp. of Canada has scored a massive win with its investment in online brokerage Wealthsimple. The company is still deciding what to do with it.