03/15/2012
Another sign of Asia’s increasing importance in the global gold market is news that Singapore is planning to boost its share of global gold trade sevenfold after scrapping taxes on gold, silver and platinum bullion.
03/15/2012
“This area has huge potential,” he said. “The revenue will be about $4 billion in 20 years’ time” from the 73 tons and the government will receive $1 billion from tax and royalty payments over that period.
03/13/2012
Underpinning demand for bonds, China posted its largest trade deficit in at least a decade, fanning concerns that slowing exports from the world's second-largest economy will lead to lower fuel demand.
03/13/2012
The forecast comes from SSGA's Chris Goolgasian, whom we followed last week as he tackled the difficult subject of how to value gold.
03/13/2012
The acquisition of WCAM broadens the fund management capability at Liontrust, increases Liontrust's assets under management to more than £2 billion and gives the company one of the strongest ranges of UK equity funds and teams.
03/12/2012
Australia's top fund managers earn salaries ranging from $500,000 a year to several million dollars, and some boost their pay packets further through incentive schemes and dividends.
03/08/2012
JPMorgan’s global commodities business, led by Blythe Masters in New York, and the Barclays’s unit run by Roger Jones in London, have been expanding through acquisitions and hiring.
03/08/2012
In a rarity, demand climbed sharply for all 2012 Infantry Soldier Silver Dollar commemorative products during their second full week of availability, the latest U.S. Mint sales figures revealed.
03/08/2012
The Luxembourg-domiciled UBS Asian High Yield fund’s ‘twin-engine’ strategy will focus on Asian high yield corporate bonds and Asian currencies.
03/07/2012
Chief executive Edward Bonham Carter said: "2011 was a positive year for Jupiter, despite the significant headwinds presented by the Eurozone crisis and increased pressure on household finances.
03/06/2012
Jefferies will act as sole broker to newly listed Nord Gold, which was appointing financial advisors for the first time after being spun out of Russian steelmaker Severstal earlier this year.
03/06/2012
A Northern Trust survey of 121 institutions, predominantly pension funds, in Europe, Asia and North America, forms the basis of the white paper entitled, Customized Beta: Changing Perspectives on Passive Investing.
03/06/2012
The Fund will seek a combination of high income with some long-term capital growth, aiming to outperform the FTSE World Europe Index and deliver a healthy yield to investors. Income will be available quarterly.
03/02/2012
Platinum becoming jewellers’ new gold standard
Platinum jewellery’s appeal is spreading, driven by China, which accounts for about 68 percent of consumption.
03/02/2012
Gold and silver bullion coin sales plunge in February
Sales of the American Gold Eagle bullion coins during February is the lowest since June 2008 when the Mint sold 15,500 ounces.
03/02/2012
HSBC offers rich clients discounted fees for 10 new hedge funds
Private clients provide part of the $38 billion invested by HSBC in alternative investments such as hedge funds, private equity and real estate.
03/02/2012
Deutsche Bank reclaims top spot as world's largest insurance asset manager
The IAM survey indicates that the trend of insurance companies outsourcing the management of their balance sheets to third party asset managers remains strong. Outsourced general account assets now total $1.21 trillion, an increase of 5.5% from December 2
03/02/2012
Credit Hedge Funds are NOT Shadow Banks: AIMA
AIMA’s research paper* highlights crucial differences between the key functions of a traditional bank and those of credit hedge funds and other non-bank financial institutions.
03/01/2012
The 40 Highest-Earning Hedge Fund Managers
For most hedge fund managers, 2011 was a year to forget.
02/29/2012
From David to Goliath - Credit Suisse
Report Uncovers Distinct Strategies Leveraged by High-Growth Entrepreneurs