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Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commod
Blame Hong Kong’s clubby world of family-controlled and male-dominated businesses. Close to a third of the city’s 2,500-odd listed companies had no women on the board as of the end of 2020.
May 28, 2021
The first day at a new job is always stressful, but for Nicolas Aguzin, perhaps especially so. On Monday (May 24), the 52-year-old banking veteran took over as the new CEO of Hong Kong Exchanges and Clearing (HKEX), the operator of the stock exchange crucial to Hong Kong’s role as a world financial hub.
Hong Kong’s identity has long been closely tied to its status as a financial center, and the city’s eponymous (and sole) stock exchange is an integral part of that enterprise. Last year, the exchange was the world’s second largest bourse in terms of IPO funding. Although it also has assets such as the London Metal Exchange, HKEX has almost become the equivalent of the bourse, its most high-profile subsidiary.
Art Is Sometimes in the Eye of the Accountant
May 27 2021, 10:17 AM
May 27 2021, 4:30 AM
May 27 2021, 10:17 AM
(Bloomberg Opinion) Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commodities are subject to supply and demand curves. Art is altogether more nebulous. In a realm where beauty is purely in the eye of the beholder, specialists have the advantage. Thatâs one reason why most investors probably arenât delighted to learn that their sm.
(Bloomberg Opinion) Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commodities are subject to supply and demand curves. Art is altogether more nebulous. In a realm where beauty is purely in the eye of the beholder, specialists have the advantage. Thatâs one reason why most investors probably arenât delighted to learn t