OFI Global

Navigating Risks and Surprises with Rising Rates By Erik Norland, CME Group AT A GLANCE Geopolitical risks and higher commodity prices may complicate the pace of U.S. rate hikes. Inflation remains a central issue for the Federal Reserve and U.S. economy. With global economic uncertainty at the forefront, many investors are still pricing between four and six Federal Reserve rate hikes in 2022 and another couple in 2023.

Zee Entertainment Enterprises Limited (ZEEL) was on October 21 ordered by the Bombay High Court to hold an extraordinary general meeting (EGM) requisitioned by its shareholders Invesco Developing Markets Fund and OFI Global China. The EGM will be chaired by a retired judge and its resolution is to be kept in abeyance till the Bombay HC decides on the legality and validity of EGM requisition, the court ruled.

One of the trends that you’d have been hard pressed to miss over the past decade has been rising valuations across virtually all markets. Developed and emerging, equity and credit, public and private —prices for everything have marched inexorably upward. In private markets, the most commonly cited measure of average valuation is called the EBITDA multiple.