Aureus Asset Management

US stocks appear to have entered the ‘final stages’ of a bear market. But the final low for the S&P 500 is seen around the 3000 to 3400 point level, which would represent a drop of another 16 per cent from last week’s close. Current conditions are such that financial accidents can easily happen, some market watchers warn.

A Rotterdam-based investment team of four people representing InsingerGilissen, part of Luxembourg-based private bank Quintet, has transferred to Auréus, an independent Dutch asset manager that has been gaining scale through acquisitions and alliances in recent years.