China is investing billions in chipmaking to close the gap with its global rivals

China is investing billions in chipmaking to close the gap with its global rivals

Semiconductor Manufacturing International Corporation (SMIC), which already trades in Hong Kong, said in a stock exchange filing last week that it wants to raise at least $6.6 billion. The bigger number would be hit if the company exercises an “over-allotment option” and issues additional shares in response to strong demand from investors. A $7.5 billion […]

Lessons learnt from a career of investing through crises

Lessons learnt from a career of investing through crises

Rajiv Jain is used to a crisis. The founder of boutique GQG Partners made his name as a star emerging markets trader during a long career at Vontobel Asset Management, the Swiss group where at the peak he ran about $50bn in assets. Trying to survive the financial...