Slim discounts cut appeal of U.S. closed-end funds
Article Abstract:
Buyers of closed-end funds intended for the Asian market are advised to be wary of New York's funds. Funds being traded in the US capital are generally more expensive than those in other international financial capitals such as Hong Kong and London. The small discounts that New York offers may not matter much in the short run but from a two-year viewpoint, their advantages become obvious. The big demand in US-listed funds has partly been instrumental for the high rates.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Closed-end Thailand funds offer low-risk bargains
Article Abstract:
Many investors are capitalizing on discounts offered on closed-end investment funds listed in the Thailand Stock Exchange. Compared to other investment funds, closed-end investments offer investors low-risk bargains whose total benefits can be achieved only after maturity. However, investors still face potential currency risks since the funds are tied to the Thai baht. Several investment analysts discuss some tips on how to select and manage closed-end investment funds.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Currency swings threaten recovery of ship repairers
Article Abstract:
Analysts and fund managers warn that uncertainties in the currency markets are threatening to delay the ship-repair sector's long-awaited recovery. The main culprit is the soaring Japanese yen. Apart from hurting Japan's export sector, the rising yen tends to curb demand for shipping and in turn, ship repairs. Singapore shipyards are likely to be the hardest-hit, owing to the double blow of the rising yen and Singapore dollar.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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