The days when Australia “rode on the sheep’s back” may be long gone, but agriculture remains a critical component of the economy, generating valuable export income. While overseas investors understand its importance, for most local institutions it’s still a bridge too far.
For several years, investors, from institutional to retail, couldn’t get enough of the tech stocks with all their promises of future growth. But now the market has spoken and it’s saying precisely this – valuations matter again.
New recruiter hits Shanghai
Alexander Hughes, the Paris-based global recruitment firm specializing in financial services, has opened a Shanghai office.
The office, which is being overseen from Alexander Hughes’ established Hong Kong business, is being established by the firm’s Asia Pacific head of research, Shirley Zu.
Zu is a PRC national, born and educated in China, with work experience also in Australia, where she is completing a part-time MBA.Â
She reports to Jim Crowe in Hong Kong. He is the managing partner, Greater China, who will split his time between Hong Kong and Shanghai.Â
