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Showing 1 - 10 of 19 results for "Principal Asset Management"

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... by Trump, after the incoming President criticised the central bank chair for raising interest rates. Principal Asset Management chief global strategist Seema Shah said it was unsurprising Powell was questioned over the election result. "Chair Powell ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... investors anticipate lower taxes. However, concerns remain over trade tariffs and the impacts on inflation. Principal Asset Management chief global strategist Seema Shah said that while US markets saw major gains, equities in Europe, China and Latin ...

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... and meeting-by-meeting approach to determining the appropriate level and duration of restriction". Principal Asset Management chief global strategist Seema Shah said not only is this the first back-to-back rate cut in this cycle, but it is also the first ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... labour market risks have grown, and he noted the "unmistakeable" cooling in labour market conditions. Principal Asset management chief global strategist Seema Shah said the market is now pricing in interest rate cuts this year. "Our interpretation is ...

Principal AM hires from BlackRock

ELIZA BAVIN  |  MONDAY, 19 AUG 2024
Principal Asset Management appointed Stuart Dunn as director of distribution for Australia, effective August 12. Principal said the decision was aimed at building on the firm's footprint in the institutional market while accelerating its growth ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
... potentially force investors, including super funds, to rejig their portfolios. Conversely, a report from Principal Asset Management depicts the importance of staying invested over the controversial period. According to its data, the S&P 500 has been ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... in the light of global economic and geopolitical uncertainty," he said. Commenting on the rate cut, Principal Asset Management chief global strategist Seema Shah said the justification for starting policy rate cuts is evident. "The Euro area's inflation ...

Principal Finisterre launches new debt fund

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... Emerging Markets Debt Total Return Strategy is managed by Principal Finisterre, a boutique firm owned by Principal Asset Management, and is only available to wholesale and institutional investors.

Principal launches new fund

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
Principal Asset Management has announced the launch of its new private debt capability and the appointment of Mansi Patel as senior managing director, head of infrastructure debt. Patel will lead the launch and implementation of the new fund, which ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... to both its GDP growth and inflation forecasts. This is a Fed that wants to reduce interest rates," Principal Asset Management chief global strategist Seema Shah said. "The Fed did not make any announcements with regards the balance sheet but noted that ...
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