He warned: “Unlike normal, lots of investors will be thinking that the UK has had a bad Covid and it has got a pretty incompetent Government.” He added: “We live in a much more mobile world. They’ll just disappear overseas. There are all sorts of places and it is much […]
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Expats flee Bali as virus crashes Asia’s top luxury villa market
DENPASAR — With a private pool, walled tropical gardens and a large terrace overlooking a lush green river valley in central Bali, Kadek Wisana’s three-bedroom villa usually goes for $100 a night. Now Wisana has slashed the rent to $400 a month and still he can’t find tenants, with over […]
Fund managers flee to cash as coronavirus ‘second wave’ sends investors into panic
Professional investors have rushed to cash amid the coronavirus market crash with levels in fund manager portfolios the highest they have been since the aftermath of the September 11 terror attacks in 2001. Many fear the impact of coronavirus on markets is far from over, according to a new survey. […]