The transaction will form the biggest insurance broker in the world.
Some of the country’s largest institutional investors are taking precautionary steps to protect their staff from the virus.
The world’s largest asset manager said it’s reducing cyclical exposures to global assets, such as emerging markets and Japan.
Signs of hoarding in Washington state and elsewhere in the West prompt fears of panic stockpiling nationwide.
Strong tech outfits like Apple and Facebook help American equity returns power ahead of other nations’ markets.
Even senior management at Temasek may find their bonuses trimmed as much as 15%, as investors contend with the disease’s impact.
$124.6 billion Mandatory Provident Fund says virus ‘has affected the investment market worldwide.’
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Pummeled shares will take a lot longer to recover than normal, Allianz economist says.
Earnings growth is threatened by the epidemic, which has shut down much of China’s economy, strategist says.