Bank of Singapore names two new relationship managers in Dubai
The new relationship managers in Dubai are Yasser Soliman and Amit Bhasin.
This week FSA compares two European equities funds: BlackRock GF European Value fund and the JPMorgan Europe Dynamic fund.


Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the BlackRock GF European Value fund defeats the JPMorgan Europe Dynamic fund: 6-0
The fund aims to maximise the return on investment through a combination of
capital growth and income on the fund’s assets and invest in a manner consistent
with the principles of environmental, social and governance investing. It invests at least 70% of its total assets in the equity securities of companies domiciled in, or the main business of which is in, Europe. The fund places particular emphasis on equity securities of companies that are undervalued, where in the investment adviser’s opinion, their market price does not reflect their underlying worth.
Top 10 holdings:
Unicredit 4.5%
ABN Amro 3.2%
Siemens 3.0%
HSBC 3.0%
Intesa San Paolo 2.9%
Erste Group Bank 2.9%
Lloyds 2.8%
RWE 2.5%
Engie 2.4%
Barclays 2.4%
The fund aims to maximise long-term capital growth by investing primarily in an aggressively managed portfolio of European companies, using a bottom-up stock selection process.
Top 10 holdings:
ASML 5.0%
Banco Santander 3.3%
Nestle 3.1%
Allianz 2.9%
Roche 2.9%
Shell 2.9%
Safran 2.4%
ING 2.3%
Rolls-Royce 2.3%
Carlsberg 2.1%
AllianzGI, Allspring and BlackRock predict a delay in rate hikes at the next Fed meeting, but not an end to monetary tightening.
Robeco’s value manager Wim-Hein Pals took profits in tech when the market “was going ballistic”.
Hong Kong and Singapore investors are more comfortable with their choices and are guided by professional advisers.