07/25/2012
Santander reports 51% profit decline
The decline is a result of setting aside EUR 1,304 million for provisions for real estate exposure in Spain of the second quarter ordinary profit of EUR 1,404 million.
07/25/2012
The decline is a result of setting aside EUR 1,304 million for provisions for real estate exposure in Spain of the second quarter ordinary profit of EUR 1,404 million.
07/24/2012
“There’s a general tendency to move toward lower-capital, fee-based models so that might explain the appeal for strategic buyers,” said Matthias de Wit, a Brussels-based analyst at Petercam SA. “Still, it’s a tricky market to
07/24/2012
Both categories reported consistent outflows during the first semester.
07/24/2012
It was confirmed that Burvill will lead the construction of the equity component and continue to oversee the strategic asset allocation
07/24/2012
BSRI Rankings for France, Malaysia and South Africa Improve; India and Spain’s Deteriorate
07/23/2012
The UK’s array of closed-ended investment trusts have long been known to outperform, on average, their better known, and much better funded, open-ended fund peers.
07/23/2012
This was despite the significant headwinds that the fund management industry faced in the period. As at 30 June 2012 the Group's assets under management were £1,724m - an increase of £58m (3.5%) on the 2011 year end position. This include
07/22/2012
Chairman Wang Dongming entered exclusive talks with Credit Agricole in March over the French bank’s remaining CLSA stake to add overseas research, brokerage and investment banking to Citic Securities’s operations.
07/22/2012
Christian Dargnat, chief investment officer of BNPP IP, says the decision was taken “due to the impact of market volatility”, which has seen OAM lose “very big mandates” and its profitability fall.
07/22/2012
SunGard’s offices in Switzerland provide local support as well as technical points of presence that give local customers efficient access to global trading venues through the SunGard Global Network.
07/22/2012
That hidden wealth is costing governments $280 billion a year in lost tax revenue, the report says.
07/19/2012
The fund was launched last Friday and has a range of share classes available across Europe.
07/19/2012
Total assets under management grew to $36.7 billion on 30 June, up from $34.2 billion on 30 December.
07/18/2012
Tony Stenning said the BlackRock Consensus Funds, a collection of five funds, offered simple, cost-effective and diversified core asset allocation portfolios, with independent risk ratings on each fund to help advisers tailor them to their clients’
07/18/2012
The higher revenue hike was largely down to the inclusion of an estimated £35m pounds from the FTSE index business the exchange bought in December.
07/17/2012
The deal was originally announced in May.
07/17/2012
Europe’s debt crisis is by far the biggest worry worldwide, with the US “fiscal cliff” and China’s property slide well behind.
07/17/2012
About 34 banks operate in Monaco, a significant number by any measure for a country of 38,000 people – however, consolidation may be on the horizon.
07/17/2012
The fund is aiming for a return of 10 per cent to 15 per cent and will have a market neutral strategy.
07/16/2012
In a report produced as part of the Newedge research chair on Advanced Modelling for Alternative Investments, Edhec-Risk Institute has evaluated the performance of hedge funds through a non-linear risk adjustment of returns.