06/20/2012
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.
06/15/2012
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.
06/14/2012
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
06/14/2012
Western Europe, where cash-strapped consumers in austerity hit Greece, Spain and Italy are cutting down spending, accounts for around 20 per cent of group sales.
06/12/2012
Northern Trust has launched The Northern Trust All Country Asia ex-Japan Equity Index Fund for institutional investors seeking diversified exposure to companies in Asia's developed and emerging markets, excluding Japan, and including India.
06/11/2012
The combined business would oversee funds of close to $700 billion, although no formal agreement has been reached, the source added.
06/08/2012
The firm has done some high-profile deals in the past, including flotations of luxury brands Gucci and Tiffany & Co, but like other private equity houses in the region has been hit by unfavourable global market conditions.
06/08/2012
IBB confirmed it had received an approach by QIIB, which currently owns a controlling 88.41-percent stake, to take over the remaining shares with a view to a possible sale as it considers the strategic future of the UK bank.
06/06/2012
In contrast, recent IPOs in London have included Russian sugar and grain producer Rusagro, Glencore and Russian bank Nomos.
06/06/2012
The Dow Jones Credit Suisse Core Hedge Fund Index provides daily published index values which seek to enable investors to track the impact of market events on the hedge fund industry. May, April and yearto- date 2012 performances are listed below and are
06/06/2012
Investors in the Insynergy Odey fund, managed by star manager Crispin Odey, will be transferred into a similar product with the same strategy run by Odey.