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In the credit markets, conditions went from bad to worse.
"The thing that we find so attractive about this asset class is that real estate is not subject to the whims of near-term capital markets conditions," Mr. Freeman said.
Andrew Gollan of Investec kept his hold recommendation on GKN but cut his price target from 240p to 224p and said: Despite markets conditions that were "broadly in line with expectations" driveline suffered more than anticipated from weakening automotive demand (particularly Europe) and associated "operational issues".
After a period of calm in financial markets, conditions are deteriorating again.
But it added that in most emerging markets "conditions remain dynamic and rich in growth opportunities".
Local, regional and national property and capital markets conditions, property type variables, management experience and maturity, and even luck, all play hugely important roles in determining how companies perform.
Similar(53)
With the two working together, you have greater exposure to investments that ideally will perform differently under various markets conditions--one may go up when the other goes down--and balance your risk.
plans, citing market conditions.
Market conditions might change.
process if market conditions improve.
- will depend on market conditions.
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