Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital KGU 2 Highlights 📈 NAV Decline: Fund’s NAV decreased to $6.2 million, primarily due to market fluctuations. 🌍 US Economic Strength: US
Inflation trend The U.S. Consumer Price Index CPI year-on-year increase was 2.9 percent in December 2024, a slight increase from November. It has been stagnating at levels slightly higher than the central
Markets declined this week after the Federal Reserve cut interest rates by 0.25%, bringing the rate down from 4.75% to 4.5%. This cut was in line with market expectations. New 2025 interest
Direct Update from the Chairman of the fund management firm, Dr. Harrison Wang of Gryphus Capital moderated by Jee Toon Tan, CEO & CIO of RHB Asset Management Singapore.
Believe it or not, , Tony Pua actually made the most technically sound commentary on this incident. M’sia politicians are known to make absurd remarks, but Pua is one of outlier
Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital Last Update Here
Grab a cup of coffee/tea and prepare for a delicate balancing act between corporate earnings and economic data as the world markets try to focus on the economic soft landing
Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital on 1 Year Extension of the fund maturity. Last Update Here
I'm calling Sept month as: “International Interest Rate Cut Awareness Month.” As autumn arrives and the leaves begin to turn, so too will the dials at central banks around the world. Inflation is
In summary, the balance units inside the fund not able to redeem yet because the liquidators are working on the deal to sell the projects for Sphinx & Globe.
https://privateaccess.askcf.com/wp-content/uploads/2024/08/CU-Aug24.pdf Economy China unexpectedly cuts one-year policy rate by most since 2020 US yield curve steepens as bond traders see Fed cuts looming US inflation rises moderately, consumer spending cools Treasuries rally as data points
What Happened Recently After the recent, surprisingly improved inflation data released in mid-July, it solidified expectations for a near-term rate cut by the Federal Reserve. Why It Matters Lower rates are beneficial to
Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital. Part 1 Part 2 Last Update Here
Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital. Last update here
What Happened Recently Interest Rate Cut Cycle started, but not in the US. Instead, the European Central Bank (ECB) which represented 20 countries, proceeded with its 0.25% interest rate cut in the
The US Labor Department’s closely watched employment report recently showed the unemployment rate rising to 3.9% from 3.8% amid rising labor supply. Believe it or not – this piece of economic
What to Anticipate (Shift of Expectations) Brace for interest rates to remain higher — that is, not returning to their previous ultra-low (near zero) levels — even after the Fed starts
Official update from Kenanga & the private equity fund manager, Ericsenz Capital. Summary: Some updates covered during session for Kenanga Global Unicorn 2 (below). The Q&A from timestamp 28:20 is the