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Pan Finance Magazine: Pan Finance Announces the Q2 Award Winners of 2023

LONDON, June 8, 2023 /PRNewswire/ As the second half of the year unfolds, it is clear that the intersection of global finance and artificial intelligence (AI) will continue to be a critical ....

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Pan Finance Announces the Q2 Award Winners of 2023

/PRNewswire/ As the second half of the year unfolds, it is clear that the intersection of global finance and artificial intelligence (AI) will continue to. ....

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Pan Finance Announces the Q2 Award Winners of 2022

/PRNewswire/ As the World Bank warns of a possible global recession, the spectre of rising interest rates and the cost of living crisis have darkened the. ....

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Pan Finance Magazine: Pan Finance Announces the Q2 Award Winners of 2022

LONDON, June 10, 2022 /PRNewswire/ As the World Bank warns of a possible global recession, the spectre of rising interest rates and the cost of living crisis have darkened the outlook for ....

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Big stocks in Korea sensitive to market cycles: AllianceBernstein

Posted : 2021-01-26 15:41
Updated : 2021-01-26 19:03
David Wong, AllianceBernstein s senior investment strategist and head of Asia business development for equities / Courtesy of AllianceBernsteinBy Park Jae-hyuk
AllianceBernstein has shown somewhat a skeptical outlook on the growth momentum of the Korean equities market, despite its rapid rise last year, one of the most bullish in the world amid the COVID-19 pandemic.
David Wong, the senior investment strategist and head of Asia business development for equities, said in an online press conference Tuesday that many of heavyweights on the KOSPI are sensitive to market cycles.
The upside potential may be slightly higher for Korean equities in a very strong recovery environment, but the U.S. is the most defensive market which delivers positive returns even when the global economy decelerates, Wong said, reiterating his consistent preference for U.S. equities. This is why U.S. equities are such a nice complem ....

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