Latest news with #JoanaRochaScaff
CNBC
4 days ago
- Business
- CNBC
Capital is being redirected into Europe amid U.S. turbulence: Neuberger Berman
Joana Rocha Scaff, managing director and head of European private equity at Neuberger Berman, talks nerves around U.S. allocations and the allure of Europe at SuperReturn in Berlin.
Canada Standard
4 days ago
- Business
- Canada Standard
Big investors leaving U.S. markets amid trade wars, rising U.S. debt: FT
BEIJING, June 6 (Xinhua) -- Big institutional investors are leaving the United States as U.S. administration's trade wars and the country's rapidly mounting government debt have shaken confidence in American assets, according to a Financial Times report on Thursday. "The U.S. president's erratic trade policy has shaken global markets in recent months, sparking a sharp sell-off in the U.S. dollar and leaving Wall Street stocks lagging far behind European rivals this year," said the report posted online. A top executive at a big American private capital firm described the White House's so-called "liberation day," when the U.S. administration unveiled sweeping tariffs on Washington's trading partners, as "a wake-up call to a lot of people that they were overweight the U.S.," leaving institutional investors reviewing the extent of their holdings in the country, it said. The report cited Caisse de depot et placement du Quebec, Canada's second-largest pension fund, as saying that it would reduce its exposure to the United States and increase investments in Britain, France and Germany. New York-based investment firm Neuberger Berman has made 65 percent of its private equity co-investments in Europe this year, up from 20-30 percent in recent years, according to Joana Rocha Scaff, its head of European private equity. "We have started to see the early signs of investors shifting away from the U.S.," Richard Oldfield, chief executive of UK asset manager Schroders, told the Financial Times.
Bloomberg
6 days ago
- Business
- Bloomberg
Private Equity to See Another Muted Year for Exits, Says Neuberger
Private equity firms are likely to see muted exit activity this year on the back of increasing uncertainty over the US economy, according to Joana Rocha Scaff, head of European private equity at Neuberger Berman. 'We've seen the activity decelerate and I think investors at the moment are, frankly, contending themselves perhaps going into the fourth year of muted exit activity in their portfolios,' Rocha Scaff said in a Bloomberg TV interview at the SuperReturn event in Berlin on Wednesday.
