06/18/2012
The confession by legendary fund manager Anthony Bolton on Tuesday – tucked away in the second annual report of Fidelity’s China Special Situations fund – was as stark as it was honest.
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.
06/15/2012
In Colombia, the world's largest producer of raw emeralds, the story told by Casas is no anomaly.
06/15/2012
The move reflects Old Mutual's commitment to sustainability and its strategy of being a leading international provider of long-term savings, protection and investment products.
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
Tokyo is the world's most expensive city for expatriates according to the latest ranking by Mercer.
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.
06/13/2012
First U.S. Listed ETF to focus on global energy companies involved in Canada's oil sands
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.
06/12/2012
Don’t tell that to the Asian gold markets just yet, however.
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
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.
06/06/2012
RBC Global Asset Management has announced that Brown Advisory has been appointed as sub-advisor for RBC Private U.S. Growth Equity Pool. This change will be effective as of June 18, 2012.
06/06/2012
The dollar, US Treasuries and German Bunds have been the safe havens of choice in recent months, while gold has moved in tandem with riskier assets that are under increasing pressure from the euro zone crisis.
06/01/2012
This is a significant sale for the RBS Non-Core division, which continues to make good progress in reducing the £258bn of assets it held at its inception in 2009.
05/30/2012
Money talks and scientists walk.
05/30/2012
The world's biggest bank by market value, ICBC is the top player by volume on China's gold and futures exchanges, but its participation in foreign markets is limited to over-the-counter trading, which reached a total $90 billion last year.
05/30/2012
Alternatives continue to gain assets, bucking the trend in U.S. equities, but growth and excitement seem to be diminishing