Tag: markets
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Oil slides and German stock market goes to all-time high following Blue Wave
Markets were in an upbeat and celebratory mood on Wednesday following the sweeping victories secured by the Democrats in the US midterm elections, with the party taking control of both chambers of Congress: the House of Representatives and the Senate. Stock markets in the United States and Europe surged, while the German stock market hit…
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Maltese markets are not correctly pricing distressed assets
Not enough public debate has been made about the Smart City project which Keith Schembri and his friends then turned into Shoreline Mall. The project, which involved handing out public land to a group of speculators and investors, mimics the project of MIDI at Tigné Point and Joseph Muscat’s administration seems to have tried to…
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Clients should be made aware that MAPFRE MSV Life’s funds are under-performing massively and their model is outdated
Following last week’s announcement by Mapfre MSV Life plc that they are paying a “bonus” of 2.5% to some of their clients holding money in some of Mapfre’s profitable funds, retail clients should be informed of the full facts. Firstly, Mapfre has a conflict of interest in acting as a financial advisor given that they…