Swiss firm Vontobel, a notable investment and private banking player, is actively changing its strategy. The firm is moving away from Chinese stocks, redirecting its investments towards more promising markets like Brazil, Mexico, and India. As of December 2022, Vontobel Asset Management was overseeing CHF 108.1 billion ($120 billion) in assets. The firm boasts a […]
Related Posts
Corporate Moves in Brazil: Updates on WEG, Neoenergia, and Cogna
Brazilian companies are actively transforming the business environment with a series of bold steps. WEG infused R$1 billion (approximately $194 million) into its funds, boosting its total assets to R$7.504 billion (around $1.457 billion). This move uses saved profits to fuel future projects, keeping shares unchanged. On another front, Neoenergia disclosed a net gain of […]
Blau Shares Rally Following Supreme Court Decision
In the bustling, dynamic world of pharmaceuticals, every small change can ripple through the market significantly. Recently, the share price of Blau Farmacêutica (BLAU3) climbed 11.15% to R$10.66. This surge was tied to a pivotal decision by Brazil’s Supreme Court, a ruling that cleared the path for a significant auction of immunoglobulin. The court allowed […]