DBSDF News and Press, DBS Group Holdings Ltd. From 10/29/22

Summary We model that DBS can continue to deliver Returns on Equity above 11% over the next 10 years as it has done in recent history. However, we think that its stock valuation overshot fair value during the market recovery of 2021, and has remained elevated at unattractively hig...

Summary The valuation correction experienced in 2022 - while far from pleasant - has its benefits in that gravity is being restored to the system. Companies that have been able to pass on cost increases to customers have also been generally well rewarded in the market. Holding...

DBS Group has posted a couple of mixed recent earnings reports, with strong net interest margin leverage offset by weaker wealth management fees, higher expenses, and okay-but-not-great loan growth. Management has continued to invest in the company's digital capabilities and needs to ...

DBS gets a positive interest income trend which will continue. This is pulled down by lower fees from the market environment. Uncertainties from inflation, recession and geopolitical events elevate risks in the medium term. With fixed income yields rising, the equity risk prem...

While the Tweedy, Browne Funds were not immune to the challenges during the quarter, they, for the most part, held up much better than their benchmark international and global indices. It is impossible, of course, to know whether markets have hit bottom, but if the past is prologue co...

DBS Group continues to punch out record results. More positive earnings could come with higher interest rates. The recent fall in the share price does make DBS more interesting to buy. For further details see: DBS Group: Review Of Q1 2022 Results

Aristotle Capital Management is an independent/employee-owned investment management organization that specializes in equity and fixed income portfolio management for institutional and advisory clients worldwide. For Q1 2022, Aristotle Capital’s International Equity ADR Composit...

Aristotle Capital Management is an independent/employee-owned investment management organization that specializes in equity and fixed income portfolio management for institutional and advisory clients worldwide. For Q1 2022, Aristotle Capital’s International Equity Composite po...

JPMorgan Chase (NYSE:JPM) appears to be caught in the middle of a short squeeze as the largest counterparty to nickel trades by Chinese tycoon Xiang Guangda, Bloomberg reports, citing people familiar with the matter. About 50K tons of Xiang's total nickel short position of more than 150K tons...

DBS Group shares have sold off sharply in the aftermath of Russia's invasion of Ukraine, likely due to reduced prospects for more aggressive rate hikes and slower overall global growth. DBS is exceptionally rate-sensitive, and the bank is well-placed to leverage loan growth, higher ra...