One of the biggest stories coming out of China this year has been the reform of the country’s state-owned sector. Amid the slowing growth and declining operating income of state-owned enterprises or SOEs, Chinese policymakers have embarked on an ambitious plan to reform the industry, launching trials to test changes in mergers, salaries, employee shareholding, and corporate restructuring.
Falling profits and lack of competitiveness on the global stage have been the key drivers behind this desire by Chinese policymakers to reform the SOEs. Income is on track to fall 13% this year.
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger
Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
In internal HSBC compliance probe turned up no wrongdoing in the case of a trader allegedly manipulating the foreign exchange market and committing wire fraud, a Financial Times report... Read More
Open Society Institute chairman and founder George Soros shares his latest thinking on economics and politics in a five-part lecture series recorded at Central European University, October 26-30, 2009.... Read More
Jacob Doft co-founded Highline Capital in 1995 and is responsible for overseeing the investment activities. Prior to forming Highline, Mr. Doft was employed at Gleacher & Co., a New York... Read More
ECB stimulus should be supportive of low U.S. interest rates and stocks, but watch for European issues to outshine
The European Central Bank’s €1.1 trillion quantitative easing program, announced this... Read More
FPA International Value Fund commentary and webcast slides for the fourth quarter ended December 31, 2018.
Q4 hedge fund letters, conference, scoops etc
FPA International Value Fund 4Q18 Webcast Audio
FPA International... Read More
The World's 500 Largest Asset Managers - Year end 2013 via Towers Watson
Highlights of this year’s survey of the top 500 asset managers by P&I/Towers Watson, include:
Total assets under management... Read More
This is part four of a ten-part series on the life and career of Charlie Munger, value investor, lawyer, philanthropist, Vice-Chairman of Berkshire Hathaway Corporation and Warren Buffett’s right... Read More
Bill Gross of Janus Capital spoke with Bloomberg Television's Erik Schatzker about today's Federal Open Market Committee statement and the outlook for Federal Reserve policy, global bond markets and... Read More
In his first interview since leaving PIMCO, Dr. Mohammed Aly El-Erian told Bloomberg's Betty Liu this morning that he is very surprised by the media attention he received around... Read More