This $4 Billion Manager Is Preparing for an Inflation Surprise

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This $4 Billion Manager Is Preparing for an Inflation Surprise

At least that's what the tactical asset allocation team at DNB Asset Management is preparing for. “Inflation surprising on the upside is the biggest risk,” Torje Gundersen, portfolio manager, said in an interview in Oslo on Thursday. “2018 can be the year when stronger inflation surprises a lot of investors.”.
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Iran Armed Forces to Sell 'Irrelevant' Businesses, Official Says

Iran's powerful Revolutionary Guards and the other branches of the nation's armed forces have been instructed to sell off business holdings and commercial assets “irrelevant” to their main function, the country's defense minister said in a newspaper interview. Brigadier General Amir Hatami said
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Xero looks to attract global growth funds through ASX consolidation

Cloud accounting software company Xero is hoping to attract a range of new institutional investors to its share register, as it prepares to enter a new growth phase when it consolidates onto the ASX on February 5. Founder and chief executive Rod Drury told The Australian Financial Review he could see
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Trillium Asset Management LLC Buys 1363 Shares of Celgene Co. (CELG)

Arcadia Investment Management Corp MI now owns 737 shares of the biopharmaceutical company's stock valued at $107,000 after purchasing an additional 400 shares in the last quarter.
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Egypt Shifting Focus to Private Investments as Growth Driver

Egypt expects private investments to take the lead in driving economic growth this year, the planning minister said, suggesting that investor confidence had rallied enough to supplant what has so far been an overwhelming reliance on government spending. Private investments are expected to contribute
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