One of the benefits of either personally visiting Africa or talking with others who have traveled there is the opportunity it affords to dispel misconceptions about this vast and remarkably diverse continent. Often missed among the media stories about political strife are the numerous success stories and advances taking place. The West African nation of… read more
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Investment News & Insights from Commonwealth Funds
At Commonwealth Funds, we’re here to invest our time in providing investment news and insights to benefit fund shareholders. Our insights keep up with the growth of the emerging markets we invest in. These articles help investors grow their financial knowledge, make more informed decisions regarding their assets and investing in emerging markets, and bring it home.
Thanks to an announcement by Ethiopian Airlines, Africa stands poised to strengthen its already significant business and social connections to Houston. The airline, which is the largest in Africa and a SKYTRAX certified 4-Star global airline, recently announced that it is restructuring its U.S. network to increase the number of flights from several U.S. gateways… read more
Bank of America’s 2018 Better Money Habits Millennial Report (Winter 2018) is out, and the findings are surprising. The study surveyed 1400 people aged 18-71 to about their views on personal financial matters. For the purposes of the report, Millennials are in the 23-37 age range. Here are our three biggest takeaways from the report.… read more
The kickoff to Australia’s $36 million tourist campaign happened at, of all places, the Super Bowl. Their one-minute ad (part of a 5-episode arc) is part of a major push to get American tourists to Australia and to grow the USA market from $4 billion to $6 billion by 2020. Except where otherwise noted, statistics… read more
On June 13, 2018, the Federal Reserve voted to raise the benchmark federal-fund rate from 1.75% to 2%, the second interest rate hike this year. This was reaffirmed at the August 1 meeting when the Federal Reserve held short-term interest rates steady and offered an upbeat assessment of the economy’s performance, suggesting another interest-rate increase… read more
The continent of Africa represents the second largest land mass in the world and is home to roughly 15 percent of Earth’s inhabitants. The continent is well known for its wealth of natural resources, like minerals and petroleum. Often overlooked is the human resource, an evolving source of educated and willing to work labor pool… read more