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
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.
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.
Sipp provider, which is set to launch a discretionary portfolio management proposition, sees assets jump by a third.
Sotheby’s International Realty Affiliates LLC, a unit of Realogy Corp., plans to start business in China’s luxury property market by the first half of next year to tap the country’s growing wealth.
Underweight allocations are held for commodities and fixed income, with high-quality corporate bonds preferred – particularly in Asia. The bank remains wary of safe-haven government debt, with record low yields vulnerable to interest-rate rises.
Over the course of a year, a one million kilowatts (1,000 MWe) coal-fired power station consumes about 3.2 million tonnes of black coal; to produce the same amount of power, a nuclear power plant consumes only about 24 metric tonnes of uranium.
The level of discontent over the pay packages of chief executive Sir Martin and fellow directors is such that “the working assumption” is that a substantial proportion of the shareholder vote could go against WPP’s remuneration report, a