ABU DHABI/WAM Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, announced the ...
Read More »Top-performing stock fund prefers Macy’s to Amazon
Bloomberg One of the world’s top-performing global stock funds is betting against Amazon.com. It’s not so much that Amazon won’t flourish, but that the recent rally in global technology behemoths has made brick-and-mortar retailers cheap in comparison, according to Norwegian fund Storebrand Global Multifactor. The valuations right now are “too pessimistic for the retailers and too optimistic for Internet retailers,†...
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