Grace Century brings insights into the banking, real estate, commodities and more sectors for the year ahead
Ras Al Khaimah, October 28, 2012: Grace Century, an international Research and Private Equity Company based out of Ras Al Khaimah, U.A.E., has published its annual predications, as it relates to Global assets, financial environments, and markets. These are available in detail to their members but a brief overview includes:
Banking Sectors
Grace, through its network partners, sees extremely attractive possibilities in the Banking Sector. Many institutions, post 2008, have large deposits of un-utilized capital .This should mean initially, a strong incentive to finally lend in 2013, and secondly to a Merger/Acquisition environment.
Currency/Exchange rates
"Buy the rumor and sell the fact" has proven correct once again" says Scott Wolf, Director of Research for Grace Century. "The Euro has had everything but the preverbal "kitchen sink" thrown at it" He adds. Grace Sees the currency holding firm and has told its members to keep an eye on the Euro/Yen for guidance on the markets. It is basically a barometer of risk appetite. The higher the Euro goes against the yen, the more risk the market is comfortable in taking. We also have a favorable stance with U.K Sterling. This will be at the expense of Bond prices. Regardless of Monetarily manipulation, Grace sees the U.S. 10-year above 2%.Grace recognizes that this is contrary to the market's general view.
Real Estate
With lending, Grace sees continued recovery here. Regionally in the UAE, they see continued recovery and expansion, especially in the Central and Northern Emirates .Some large projects are well underway.
Commodities and Metals
Grace sees no improvement in weather patterns or precipitation where it is needed. This should underpin prices on agriculture commodities. A $5/Bu. Corn and $7/Bu. Wheat will be the new norm, even with expected increased plantings. Macro -economic uncertainties and tensions worldwide should drive gold over $2000/oz."Its still cheap on an inflation adjusted basis says "Mr. Wolf. He warns that if it isn't already owned, that he wouldn't buy it, regardless of his prediction."It's all about risk and reward".
Healthcare sectors
Grace continues to favor the Healthcare and Life Sciences sector where technology, innovations, and demographics have created a perfect storm of expansion.
Mr. Wolf emphasizes, as always, that these are our opinions.
-Ends-
About Grace Century
Grace Century FZ LLC is an International Private Equity Consultant located in Ras Al Khaimah, United Arab Emirates. It specializes in conducting Due-Diligence for its group of international members, as well as assisting firms in the development and execution of "Game changing" ideas in Life Sciences. Utilizing its vast network, Grace Century assists in capital formation, market penetration, joint ventures, and brand development.
Media Contact:
Anushka Kadam
Account Manager
Tel: 04 - 4456848
anushka@mccollinsmedia.com
© Press Release 2012