The authorities in Beijing probably did not think the change in the way the exchange rate was fixed would detonate such an explosive correction on financial markets. The Shanghai Composite tumbled almost 27% in the week after that decision. It had already fallen 22% prior to that since mid-June. In China’s slipstream, the S&P 500 […]
Innocent Drinks, launched by three friends in 1999, is a socially and environmentally responsible company which produces healthy fruit drinks and supports rural development in countries that supply their ingredients.
Ladurée is a pâtisserie which opened in Paris in 1862 and has become famous for the macarons it now sells around the world. It was acquired in 1993 by Groupe Holder, which has expanded the business from its original base in the Rue Royale to a global chain operating in five continents. Today, under […]
Emerging Market equities will suffer from a stronger dollar and lower commodities prices in comparison with Domestic Market equities, explains Alexandre Tavazzi, Chief Equity Strategist at Pictet Wealth Management.
The oldest family business in Spain, which dates back more than 460 years, produced the first and the most famous brand of cava under the leadership of the founder’s descendants who are always striving to improve their wines.
The food and beverages businesses in this issue of Pictet Report highlight the remarkable achievements of the entrepreneurs who have built them up — often over generations. But their success also reflects the characteristics of sectors that can offer attractive long-term returns with below-market volatility. Food and drink companies have been profitable sectors to invest in […]
The American-born founder of one of the largest hospitality and leisure groups in the Asia-Pacific region has faced many challenges since starting his first business while still at school, but continues to look for gaps in the market that he can fill. There are many wealthy entrepreneurs in Thailand, but one who stands out from […]
One answer to cope with political uncertainty: diversification Comparing investors to tightrope walkers is obvious: both are constantly striving to perform a tricky balancing-act. When making decisions, investors are seeking to find the ideal balance between generating a good return and shouldering risk against a backdrop of uncertainties.The two crises involving Greece and China remind […]
Consumer product companies may be penalised if they ignore customers’ concerns over sustainability issues and practices seen as socially irresponsible, according to a leading business school expert on corporate ethics.