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That's the view of Caroline Cai, CEO of U.S.-based Pzena Investment Management. "This is really for the first time in the last seven, eight years where we think you're getting paid to expose yourself to China," Cai told "CNBC Squawk Box Asia" this week. The investment firm has ramped up its exposure to Chinese equities in the last two years. "It's not because we have a particularly positive view on longer term Chinese macro, we kind of think things are pretty challenging. "Our view is, if the risk is obvious to everyone, at least you're getting paid to take some exposure," she added.
Persons: Caroline Cai, Cai, we're, Adam Coons, CNBC's Organizations: Pzena Investment Management, CNBC, Winthrop Capital Management, People's Bank of China Locations: China
Pzena IM CEO: Excited about opportunities in China, Japan
  + stars: | 2024-11-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPzena IM CEO: Excited about opportunities in China, JapanCaroline Cai, CEO of Pzena Investment Management, explains why she believes upping your exposure to Chinese equities is worth the risk.
Persons: Japan Caroline Cai Organizations: Pzena Investment Management Locations: China, Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPortfolio manager discusses South Korea's 'value-up' program and proposed guidelinesCaroline Cai, Pzena Investment Management CEO and portfolio manager, discusses South Korea's recently proposed guidelines for companies that choose to participate in the government's reform program.
Persons: Caroline Cai Organizations: South, Pzena Investment
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKorea's value-up program is a small step in the right direction: Value investorCaroline Cai, CEO and Portfolio manager from Pzena Investment Management shares her view on the reform program that the South Korea government is putting forward to boost shareholder return.
Persons: Caroline Cai Organizations: Pzena Investment Management, South Locations: South Korea
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'A lot of babies have been thrown out with bathwater' in China market sell-off: says value investorAllison Fisch from Pzena Investment Management shares what opportunities she sees in China equities and India equities.
Persons: bathwater, Allison Fisch Organizations: Pzena Investment Management Locations: China
But right now, the unit's operations are shut down as regulators investigate the safety of Cruise's self-driving vehicles. Cruise had $1.7 billion in cash as of Sept. 30, enough to last nine months at the current cash burn rate. As Cruise's troubles intensified, investors on Thursday sent GM shares down more than 3% to $26.65, its lowest closing price since August 2020. In addition to the problems at Cruise, GM last month agreed to a costly new contract with the United Auto Workers, and scaled back plans to expand electric-vehicle production. California regulators suspended Cruise's license to operate, and have accused Cruise officials of misrepresenting information about the incident.
Persons: Heather Somerville, Mary Barra, Cruise, Cruise's, Lawrence Paustian, Barra, Quinn Emanuel, Shinji Aoyama, It's, Kyle Martin, Martin, Jason Petitte, Paul Jacobson, Biden, Ben Klayman, Joseph White, David Shepardson, Matthew Lewis Organizations: General Motors Corp, REUTERS, Rights DETROIT, General Motors, GM, Honda, Cruise, United Auto Workers, Pzena Investment Management, Reuters, Westwood Group, California Department of Motor Vehicles, U.S . National, Traffic, Administration, Thomson Locations: San Francisco , California, U.S, Cruise, Japan, Chicago, Waymo, San Francisco, California, Detroit, Washington
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