As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.
Hence, I started this "Market News In 2 Minutes" series.
Following are the "Market News In 2 Minutes" for today :
1. OUE (LJ3) - Proposed the investment in Nuvest Real Return Fund via the subscription of 2 million shares in the fund for US$200 million. In tandem with the company’s intention of optimising returns of its available funds, the target fund with a portfolio of diversified assets while leveraging on the fund manager’s expertise for risk management will not only allow the company to fulfill the stated objective but also to enhance its shareholder value. (source : Shares Investment)
Cheers!
Cheers!
Brilliant move by its subsidiary company, OUE Investments. Pay a small fee for others to bring in the bacon. It is also a form of diversifying its risks returns.
ReplyDeleteHi Money Honey : Indeed!
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