Economic recovery and higher cash levels will boost dividend pay-outs this year, believes the asset manager.
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Economic recovery and higher cash levels will boost dividend pay-outs this year, believes the asset manager.
Sceptics warn better-than-expected numbers do not reflect inflationary pressures.
Nasdaq-listed Chinese wealth manager Noah Holdings is expanding its relationship manager team as the firm reports a jump in Q2 net profit, according to CEO Jingbo Wang.
Investors should, however, lower their return expectations to single-digits for the S&P 500 index, the firm said. The index has recently been hitting all time highs: “We continue to favour US equities, despite slightly higher valuation levels. The base case for the S&P 500 total return in 2015 is in the single-digit range, which […]
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