DNB: Dutch investment institutions return 18% on average


first_imgDutch investment institutions have produced their best performance figures since the start of the financial crisis, with returns of 18% on average last year, according to regulator De Nederlandsche Bank (DNB).It said it found the returns for these institutions and investment funds ranged from almost 4% for hedge funds to 27% for equity funds.The supervisor noted that, despite a lack of profit growth among listed companies in Europe and the US, equity worldwide yielded high returns, in part thanks to falling interest rates.In 2018, Dutch equity funds lost 6% on average, it said. Since interest rates in the euro area continued to decline until the end of August, bond funds also managed to achieve profitable returns in 2019, DNB added.In the fourth quarter they had to give up some of this growth, but for 2019 as a whole they achieved returns of almost 11%.With 3.8%, hedge funds were the only type of funds that achieved returns below 10%, the regulator reported.This type of fund generally does not confine itself to a single category of investment – such as equity, bonds or real estate – but seeks to achieve positive returns by leveraged funding or by pursuing a strategy that is not tied to general market indices, it explained.DNB also stated that the value of each euro invested 11 years ago had increased to €2.37 on average across all investment institutions.Investors that had solely targeted equity funds had seen the value of each euro invested rise to €3.60, according to the supervisor.last_img read more

West Ham winger Michail Antonio grabs rare chance to impress against Stoke


first_img The winger had made just a handful of substitute appearances for the Hammers since his £7million summer switch from Nottingham Forest. Even co-chairman David Gold appeared to have forgotten about Antonio, mistakenly retweeting a picture of him after an internet prankster appealed for information on a ‘missing friend’. “We hit the post with Mauro Zarate as well, so we definitely have the attacking threat, it’s just putting it in the back of the net.” Zarate rattled the post with 10 minutes remaining, shortly after Stoke’s Marko Arnautovic was denied by the woodwork with a deflected free-kick. City were without injured playmaker Xherdan Shaqiri but boss Mark Hughes hopes he will be fit to face Crystal Palace next weekend. “He’s had a little bit of discomfort in his hamstring for a couple of weeks now, and a scan showed a bit of damage at the bottom of his hamstring,” said Hughes. “So we erred on the side of safety, we have a busy period coming up and we felt if he misses one game then hopefully he he will be okay for next week.” Press Association But amidst an injury crisis at Upton Park, Antonio was handed his first start against Stoke and grabbed his opportunity with an all-action display in the goalless draw. “Michail did really well,” said manager Slaven Bilic. “He worked hard and has been waiting for his chance. Now he has got it and he used it really well. “Sometimes it is hard for a player to come in and take their chance when they get it. But he did exactly that and I am really pleased for him.” Antonio went close to claiming all three points for West Ham but his second-half volley was beaten away by City keeper Jack Butland. With Victor Moses ruled out for around six weeks with the hamstring injury he suffered against Manchester United, Antonio is likely to feature heavily over the Christmas period. “It felt unbelievable to get a chance,” he told the club website. “This was my boyhood dream to play in the Premier League and I’ve managed that. “Playing at Old Trafford last week set me up well for this game. It showed me the levels of the league and it was a good 50 minutes. He added: “They have been 0-0 draws, but they haven’t been 0-0 games. Against Man United we had quite a few opportunities, and in this game I had quite a few opportunities. Michail Antonio shook off his ‘missing man’ tag as he finally got a chance to impress for West Ham on Saturday.last_img read more