2023 June Issue of Investors’ News

Investors news june

Read in the June 2023 issue of Investors’ News: Australia faces ongoing challenges amid market fluctuations, while Singapore attracts wealthy individuals with its tax incentives and affordable property prices. Luxembourg’s investment landscape remains cautious, and Montenegro experiences disruption in various sectors.

What is happening in Australia?

As noted by Craig Astill, CEO of the Caason Group, Australia, like many other economies, faces ongoing challenges related to inflation and fluctuations in domestic markets. The shifting employment landscape adds another layer of interest for those observing from the outside. The next few years promise to be captivating for those keeping a close eye on Australia’s economic journey.

What is happening in Singapore?

As stated by Danny Lee, Vice-Chairman at Asian Wealth Community, in recent times, there has been a notable influx of wealthy individuals, particularly from China and Hong Kong, who are drawn to Singapore’s appeal. The city-state serves as an attractive destination for establishing home offices and family offices, thanks to its advantageous tax incentives. Moreover, these affluent individuals find purchasing properties in Singapore quite affordable, further bolstering their interest in the market. The growing trend of high-net-worth individuals flocking to Singapore showcases the city’s thriving status as a hub for wealth management and investment activities.

What is happening in Luxembourg?

Adrian Diaconu, Founder of ITS Investment, noted that a sense of caution permeates the investment landscape in Luxembourg and Europe, with potential investors adopting a wait-and-see approach. The founding of new companies is currently experiencing a significant slowdown as uncertainty lingers. While there are numerous captivating projects on the horizon, the lack of available investment capital hampers their realization. Investors are predominantly inclined towards established project companies that have already proven their profitability, leaving only a limited number of initiatives receiving financial backing.

What is happening in Montenegro?

Jesper Nilnkantan, Managing Partner at Meersohn Marstrand, expressed how the local economy is experiencing a boom, although it remains relatively small and insignificant in comparison to its European counterparts. In this rapidly changing world, it is evident that many established norms and practices are being disrupted. In Montenegro, the current focus is high-end real estate catering to affluent individuals, offering a unique dynamic in our line of work. However, the shifting winds of change can be felt across various sectors. It is increasingly clear that disruption will be prevalent across the board, influencing our endeavors in the coming years. 

What is happening in Israel?

As mentioned by Sinai Bareket, Co-Founder at 4Tech Capital Ventures, Israel is currently facing challenges. Global factors, including interest rate fluctuations impacting investments worldwide, have led to a decrease in investments. Furthermore, internal political tensions between ruling parties have sparked demonstrations and debates over jurisdiction rules, affecting foreign investments. Despite these challenges, Israel remains resilient, driven by its unwavering innovative spirit.

What is happening in Canada? 

Albert Luk, CIO at Endeavor Global Advisors, stated that Canada has emerged as a leading destination for immigrants, with a notable influx of people compared to many other countries. The goal is to add an additional 500,000 people to the population annually. While the percentage increase may not be as substantial as in Montenegro, it remains significant given the size of the population. This immigration drive has played a crucial role in pushing Canada’s economy forward. However, it has also led to a surge in housing demand, resulting in a booming real estate market. Although there has been a recent moderation in prices with a significant increase in interest rates, it remains challenging for younger individuals to enter the real estate market. Nevertheless, this trend presents lucrative business opportunities, particularly in the rental sector, including multifamily rental units.

What is happening in the US?

As observed by Anthony Jarrin, CEO at The Cannaregio Group, the current quarter brings a sense of optimism as the US economy shows signs of improvement. While the hospitality and rental sectors in Florida may experience a slight slowdown during the summer, there is increased volume in the Mid Atlantic and Northeast regions. This overall resilience reflects a positive trend. Furthermore, the recent passing of the debt ceiling in Congress brings crucial relief to the markets, fostering stability. Listed securities have demonstrated improvement compared to the previous quarter, and the private markets are expected to benefit in the coming months. Although the US may still be navigating a minimal recession, it is shaping up to be a favorable year with the economy stabilizing.

What is happening in India?

Ambuj Mathur, Managing Partner at Indite Ventures LLP, noted that India’s startup ecosystem continues to experience flux and uncertainty, particularly with significant falls in unicorn valuations. However, certain sectors show promise, and there is an increasing focus on enhancing the credibility of Indian businesses at the government level. Compliance issues in pharmaceuticals, startups, and unicorns are being addressed, signaling a renewed commitment. While primary and secondary markets still exhibit inflated valuations, the upcoming monsoon season will play a vital role in determining rural demand and consumption patterns. Shaurya Garg, Partner at Garg Consultancy Co, added that Gurugram, often referred to as the Silicon Valley of India, is witnessing tremendous potential and growth in the startup sector. This bustling city, located near Delhi, is quickly becoming a magnet for innovative ideas and breakthrough technologies, surpassing Bangalore as a top destination for startups. Investors are reaping the benefits, witnessing substantial growth and profitable exits.

What is happening in Europe?

Gilles De Malbosc, CIO at Harmony Family Office, mentioned how real estate remains a beloved asset class in Europe, with Luxembourg and the UK showcasing particular affinity. However, innovative approaches are reshaping investment strategies. Recognizing the appeal of real estate’s perceived solidity, experts are introducing opportunities with a twist. Lease options, for instance, provide greater risk control compared to outright purchases. By acquiring real estate through lease options and selling those options to interested parties, investors retain control, receive payments, and can leverage their assets. This quantitative approach to real estate investment offers improved returns. While hedge funds, CTAs, and venture capital investments receive less attention, the last twelve months have seen momentum in buyouts, and dry powder remains available in venture capital. Despite limited new investments in the venture sector, European investors continue to gravitate towards real estate ventures that offer unique twists on traditional models.

Prominent investment leaders provided valuable updates on various countries’ economic situations during the 129th GILC Summit. Don’t miss out on the next Global Investment Leaders Club Summit! Register now at: https://investmentleaders.club/registration-form/