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.