Chinese equities fell in New York for the first time in a week, led by property companies, on concern government steps to intensify a three-year effort to tame the real estate market will damp an economic rebound.
Christopher Palmer, who manages $6 billion as head of global emerging markets at Gartmore Investment Management Ltd. in London, comments on demonstrations in Egypt. He spoke in a telephone interview on Feb. 2.
Brazil is losing to Mexico in the ranking of the world’s 500 most-valuable companies as economic growth falters in the South American country and President Dilma Rousseff’s interventionist policies erode investor confidence.
Lucia Rodriguez Ilaria figured it would be easy to get a big crowd together in Brazil’s largest city to demonstrate against BP Plc, the company responsible for the largest oil spill in U.S. history. The June 12 event in Sao Paulo was part of Worldwide Protest BP Day, an event organized in 52 cities across five continents that aimed to start a boycott of BP products. About 350,000 people signed on for the protest on Facebook.
Gartmore Investment Management Ltd.’s Christopher Palmer needed only a day in Rio de Janeiro to scout for investment opportunities while visiting Brazil six years ago. Now half a week in the city isn’t enough.
Banco Compartamos SA, the largest Mexican lender to the working poor, is attracting investors from Templeton Asset Management to Gartmore Investment Management as loan growth accelerates and the company seeks to expand abroad.
Emerging-market stocks advanced for a fourth day, with price swings in the benchmark index falling to an eight-year low, as a gauge of Chinese manufacturing climbed and Israel agreed to a cease-fire with Hamas.
Victor Hugo Barragan saw sales plummet 40 percent in the first nine months of 2010 at his homemade-ice-cream shop in Guadalupe, Mexico . A grenade blast that injured 14 people in the town’s central square in October - - the first drug-trafficking attack on the general public ever in this Monterrey suburb -- made a bad year even worse.