Investment managers more upbeat, turn to stocks: Northern Trust
Date: Fri, Apr 10, 2009 at 12:01 PM
Investment managers more upbeat, turn to stocks: Northern Trust
Institutional investment managers are feeling more upbeat about prospects for
the market, and they're putting more of their cash to work in stocks,
according to a quarterly survey by Northern Trust.
NIKKEI ENDS SHY OF 9,000, AS ASIAN MARKETS GAIN
Asian markets extend their rally Friday, with energy producers and
automakers leading the advance in the wake of U.S. stocks having
powered higher for a
fifth straight week.
JAPAN'S $154 BILLION STIMULUS EARNS MIXED GRADES
Japan's newest supplemental stimulus package, reported to total 15 trillion yen
($154 billion), is receiving mixed reviews from analysts, many of whom say it
bears shades of the bridges-to-nowhere packages of the 1990s that left the
nation saddled with debt.
CHINA PLACES LIMITS ON SENIOR EXECUTIVE PAY LEVELS
Beijing will limit the pay of senior executives at state-owned firms,
such as banks and insurance companies, as part of efforts to quell
public resentment at corporate high-fliers during the economic crisis.
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