04/19/2023
While it is worth nothing that wage growth is a lagging indicator, the Bank will likely see this slight slowdown as a positive, though it still may not be enough to put pause on a further interest rate hike at its MPC meeting in May.
04/19/2023
Historically, well-diversified balanced portfolios have fully recovered their losses within 3-5 years, even after a serious bear market decline.
04/19/2023
Analysts estimate a loss of CHF 110bn, but in a worst-case scenario, this could rise to CHF 162bn or a third of assets.
04/18/2023
Aviva, which was then known as Norwich Union, closed its CGNU Global Risks and sold its Lloyd’s managing agency Marlborough to the Berkshire Hathaway Group following the merger with CGU in 2000.