Why UK investors will look to China in 2017
Investors from the UK are confident that Chinese equities will deliver the best returns in 2017 in, according to a recent poll.
Despite the slowdown of China's economy in recent years, alongside a fall in the value of the reminbi, investors from the UK remain confident. According to the survey of 9,000 investors undertaken by Interactive Investor, 27.7 percent believe China will do better than other major regions.
China rose to the top from fifth place last year. This has been driven by a number of factors influencing the UK investment scene. The dollar being at a 14 year high is perhaps chief among these reasons, as well as increased uncertainty following the UK’s decision to leave the European Union earlier in the year.
One of the biggest fears in London at the moment seems to be that the capital’s financial services industry will move to mainland Europe as EU member states seek to capitalise on Brexit and punish the island nation for leaving.
SOURCE: [City AM]
Amobee Appoints Nick Brien As CEO
In its latest strategic move, Amobee—a global multimedia advertising leader—announced that Nick Brien will be its Chief Executive Officer. The company is entirely owned by Singtel, Asia’s leading communications technology organisation, which provides consumers with mobile, broadband, and TV and businesses with data hosting, cloud, network infrastructure, analytics, and cybersecurity tools.
Brien, who has worked for Microsoft, Intel, P&G, and American Express, will take over to drive the next generation of advertising tech. Said Evangelos Simoudis, Chairman of the Board of Amobee: ‘Nick has the deep expertise in advertising that we need to seize the market opportunities ahead’.
How Did Brien Get Here?
Before joining Amobee, Brien led 15,000 people across 40 divisions as CEO of the Americas for Dentsu International. For thirty years, he’s helped brands pilot unique advertisements, keeping up with the latest trends. He’s served as CEO of McCann Worldgroup, global CEO of IPG Mediabrands, President of Hearst Marketing Services, and CEO of iCrossing. Over the course of his career, he’s consistently strategised how to keep up with digital shifts. Now, he’ll capitalise on Amobee’s legions of experienced data scientists and developers.
‘I’m excited to be joining Amobee at such a transformative time in our industry’, Brien explained. ‘We’ll pilot advertising accountability and intelligent decisioning. And there’s no doubt in my mind that optimising media performance—whether you’re targeting, planning, buying, or delivering—can only be achieved using applied science, machine learning, and data analytics’.
What Does This Mean for Amobee?
Amobee is set on growing its personal brand within the advertising sector. As APAC social media influencers, Gen Z growth hackers, and viral content producers start to enter the field, established companies will be working doubly hard to keep up. Amobee, however, is still looking good. With a Gartner Magic Quadrant for Ad Tech, a Forrester New Wave recognition, and now, Nick Brien as CEO, the firm is set up for success.