Jefferies eyes Asia as European revenues slip

The US bank said in a filing on Monday that revenues in Europe for the six months to May 31 were $202.8m, down 15% on the $235m it made during the same time last year.


KPMG Tops the List

KPMG International has moved up to the top spot, leading this year's rankings of The World's Best Outsourcing Advisors by the International Association of Outsourcing Professionals® (IAOP®), a standards-setting and professional advocacy


Hedge Fund Investors Are Running For The Exits

The withdrawals compare with net inflows in each of the previous five months and were the highest level of net outflows since October 2009, when clients pulled out 3.76 percent.


Guess who's back? Duffield's latest firm launches fund range

Brompton is offering the IFDS Brompton Global Income fund, as well as the Brompton Global Growth and Brompton Diversified funds. Read more: http://www.investmentweek.co.uk/investment-week/news/2190169/guess-whos-duffields-firm-launches-fund-range#ixzz20B


Rise in wealthy French eyeing London move

Knight Frank, the property agent, said sales of prime property to French buyers had risen 40 per cent in the three months to the end of June 2012 compared with the same period in 2011.


Wells Fargo AM set for multiple fund launch in Europe

Wells Fargo AM rates itself the 11th-largest US mutual fund manager and the 28th-largest internationally, with more than $445bn in global assets under management and more than 35 portfolio management teams worldwide.


Last chance saloon for funds of hedge funds

The report, published yesterday, said that the recent wave of consolidation in the European fund of hedge funds industry leaves just a handful of candidates for large-scale acquisitions.


Credit Suisse Seeks $321 Million Selling Part of Aberdeen

The Zurich-based lender is selling as many as 80.4 million Aberdeen shares for 245 pence to 255 pence each, a discount of as much as 7.4 percent to the closing price today, said the people, who asked not to be identified because the process is private.


BlackRock makes acquisition and expands Swiss presence

The transaction extends BRPEP's investment capabilities into infrastructure investing, expands its European and Asian footprint, and establishes the unit's presence in Switzerland where BlackRock has a long-standing presence and history of servi


Winemakers uncork booming Chinese market

Having overtaken the United Kingdom to be the fifth largest market in 2011, the country will become the largest wine consumer over the next 20 years if the growth rates remain unchanged, it said.


Investors are Underweight Commodities - Credit Suisse survey

Credit Suisse conducted the survey as part of its 2012 New York City Commodities Day on Tuesday, June 26, with a gathering of about 320 clients covering a wide cross section of institutional investors, distributors, mutual funds and hedge funds.