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Julius Baer CIO tells rich to brace for private market 'hangover phase'

Julius Baer CIO tells rich to brace for private market 'hangover phase' Says public assets will probably offer better returns High fees create big hurdle to returns in private assets Private markets have boomed as investors look to diversify By Tommy Reggiori Wilkes and Oliver Hirt ZURICH, Oct 16 (Reuters) - Clients should be wary of the craze for private markets because the "hangover phase" facing a sector pumped up by low rates and high fees will leave it lagging the returns of public equities
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Oil prices hold at 2-week low on lower oil demand growth forecasts

UPDATE 8-Oil prices hold at 2-week low on lower oil demand growth forecasts U.S. crude inventories likely rose last week OPEC and IEA cut 2024 oil demand growth forecasts Adds latest prices By Scott DiSavino NEW YORK, Oct 16 (Reuters) - Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on forecasts for less oil demand growth and reduced concerns that Middle East conflicts will disrupt supply.
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ZKB downgrades EFG International, deems stock 'fairly valued'

BUZZ-ZKB downgrades EFG International, deems stock 'fairly valued' ** Shares in Swiss bank EFG International EFGN.S slide 1.2%, paring most of Wednesday's gains, after Zuercher Kantonal Bank (ZKB) downgrades the stock to "market perform" from "outperform" ** The broker views the stock as "fairly valued" after its good share performance in recent ye
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'Blunt' interest rates pose questions about Fed easing :Mike Dolan

COLUMN-'Blunt' interest rates pose questions about Fed easing :Mike Dolan By Mike Dolan LONDON, Sept 11 (Reuters) - If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn. One of the puzzles of the past two years has been how five percentage points of tightening by the Federal Reserve between March 2022 and July 2023 had so little effect on the overall economy.
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Swiss stocks - Factors to watch on September 6

Swiss stocks - Factors to watch on September 6 ZURICH/GDANSK, Sept 6(Reuters) - Here are some of the main factors that may affect Swiss stocks on Friday: SWISS NATIONAL BANK SNBN.S The wife of the new Swiss National Bank chairman is leaving her job as head of Switzerland's hotel association. COMPANY STATEMENTS JULIUS BAER GRUPPE AG BAER.S Julius Baer places 500 million euros senior unsecured notes.
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