November’s most read: Evergrande has defaulted, some say; Which assets will perform under stagflation?
Members of German market information provider, DMSA Deutsche Markt Screening Agentur say Evergrande has defaulted; Analysts are split over whether the market is approaching stagflation or pointing to a healthy recovery; Low hedge fund returns and high management fees have seen pension fund allocations fall but CPPIB is keeping the faith; and more.
Evergrande has defaulted, some say
Has China Evergrande Group, the world’s most indebted property developer, defaulted? Members of German market information provider, DMSA Deutsche Markt Screening Agentur, say the Chinese firm has.
Meanwhile, reports by several other media outlets, including Bloomberg and the Wall Street Journal, suggest that the company has so far managed to avert bankruptcy. They detail that some bond holders received payment on November 10, while others inclu…
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