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Egypt’s new exchange rate regime has brought greater transparency and a depreciation of the pound but also highlights a serious shortage of foreign exchange, Fitch Ratings says. For the system to work, confidence needs to be restored quickly, starting with agreement on an IMF (...)
In its newly-published Emerging Europe (EE) 2013 Outlook and Sovereign Review, Fitch Ratings says that positive rating actions in Emerging Europe sovereigns outweighed negative actions in 2012.
ING announced that it has reached an agreement to sell its 70%-stake in ING Funds Berhad (IFB), ING’s investment management business in Malaysia, to Kenanga Investors Berhad (Kenanga Investors), a wholly owned subsidiary of K & N Kenanga Holdings Berhad (...)
Strategic Acquisition to Strengthen Cognizant’s Local Presence in Germany and Switzerland, Enhance Global Consulting Capabilities, and Deepen Enterprise Solutions Expertise
Despite respectable performances, French quantitative managers are struggling to significantly increase their assets. Is it the fault of too cold local institutional?
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