Background
Investor Management Selection (IMS) is
one of the longest established UK multi-management firms, founded in
1999 and today advises and manages sevral billion pounds of assets for
a diverse range of clients. Terence Mahony joined IMS in 2000.
Print
Global economic outlook
Wednesday 16 April 2008 11:50PM
Terence Mahony, Executive Director, Research from leading multi-manager specialist IMS looks at the gravity of the credit crunch and a potential global food crisis.
Musings from Indochina
The Cambodian stock market is set to launch in September 2009; property prices in Phnom Penh have risen five-fold in 18 months and consumer spending is rampant. Vietnam remains attractive as an economic growth story with valuations at more reasonable levels. Current prices provide an opportune entry point for long term investors and Frontier markets are the new jewels of emerging markets.
The Uncharted Voyage of the FedThe current crisis is the most serious since the 1930s, putting the US on the brink of total systemic risk. Ben Bernanke has taken unprecedented measures beyond the remit of the Fed’s mandate by lending to brokers, accepting mortgage-backed securities as collateral and bailing out Bear Sterns. The massive amounts of liquidity injected into the system by central banks, and cut in interest rates, have stabilised credit markets.
Food Shortages
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