V i e w p o i n t | Prepared for Philip Hu 09 Aug 2024 18:41:43 ET │ 12 pages Chile Equity Strategy Funds Flows Insights - July CITI'S TAKE It was a positive month for local stocks in terms of flows coming from Chilean Institutional Investors. Pension Funds and Mutual Funds were net buyers of local equity for US$65.3mn and US$34.4mn, respectively, during July. Sectors such as: i) Real Estate, ii) Consumer Discretionary, and iii) Materials were the most preferred by the Pension Fund system, with names like B ...

Point | The Global Point Asia DBS Group (DBSM.SI) - 2Q24 beat on NII/fees, DPS S$0.54 flat; higher 2024 guidance offers some relief before focusing on 2025 guidance DBS reported PBT S$3,219m, in-line with Citi (S$3,206) but 6% ahead of consensus (S$3,047) driven by higher NII +3%qoq and fees income stable qoq. 2Q24 quarterly DPS S$0.54 as we had expected. Key positive extended from OCBC results was better asset quality sequentially; NPL ratio stable on lower absolute NPA. Outlook: Mgmt. cautiously optimisti ...

The report takes a closer look at four contributing factors and how this potential shift could play out. The initial response to heightened geopolitical risks is more often a reshuffling of trade flows and sourcing, rather than significant investments in new capacity, the report says. Reliance on Chinese imports fell for many "Western" allies only after the Russia-Ukraine war Source: Haver, Citi Research © 2024 Citigroup Inc. No redistribution without Citigroup's written permission. On the other hand, China ...