UK - The market impact from company disclosures under the new International Financial Reporting Standards (IFRS) are proving to be minimal, according to quantitative manager, AXA Rosenberg which is continuing to review the new accounting data.
To date, earnings have increased by less than 1% excluding the impact of goodwill amortisation. Agustin Sevilla, CIO, AXA Rosenberg, said one of the biggest changes under IFRS was the introducti...
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