News

News Chi-X Japan PTS Receives Exemption from Take-Over-Bid Rule

The Financial Services Agency (FSA) announced that as of 31 October 2012, Chi-X® Japan Limited, a wholly owned subsidiary of alternative trading venue operator Chi-X® Global Holdings LLC, will be designated as a proprietary trading system (PTS) on which transactions are exempt (...)

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News Rosneft agrees to acquire a 50% stake in TNK-BP from BP

Rosneft today announces that it has entered into an agreement in principle with BP to acquire its 50% interest in TNK-BP in exchange for $17.1 billion in cash and 12.84% Rosneft shares currently held in treasury.

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News Online retail sites, Jumia and Zando receive funding from J.P. Morgan Asset Management

The investor will take a stake through a German holding company in an all cash-for-equity investment...

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News Fitch Affirms Nigeria at ’BB-’; Outlook Stable

Fitch Ratings has affirmed Nigeria’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ’BB-’ and ’BB’ respectively with a Stable Outlook. The agency has also affirmed Nigeria’s Short-term foreign currency IDR at ’B’. The Country Ceiling has been affirmed at (...)

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News The Carlyle Group and Getty Images Management Complete the Acquisition of Getty Images

Getty Images, a global creator and distributor of still imagery, video and multimedia products today announced the completion of its acquisition by The Carlyle Group (NASDAQ: CG), in a transaction valued at approximately $3.3 (...)

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News Insuring livestock to protect the poor

Livestock insurance has the potential to reduce the vulnerability of poor populations. The challenges are formidable, but recent technology offers hope...

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News Momentum continues for alternative strategies

The Lyxor Hedge Fund Index gained 0.2% in September (+2.2% in 2012). 11 Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Lyxor Event Driven - Special Situations Index (+2.2%) and the Lyxor L/S Equity – Long Bias Index (...)

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News NASDAQ OMX Launches FinQloud Powered by Amazon Web Services (AWS)

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the launch of FinQloud, a new cloud computing platform powered by Amazon Web Services (Nasdaq:AMZN) and exclusively designed for the financial services industry. The offering combines the cloud computing expertise of (...)

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News Deutsche Bank and Kleinwort Benson Group reach agreement for proposed sale of BHF-BANK

Deutsche Bank confirmed today that it has reached agreement with Kleinwort Benson Group, the wholly owned subsidiary of financial services group RHJ International, on the sale of BHF-BANK, one of Germany’s leading private (...)

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News Nomura launches Thailand Equity Research Coverage

Nomura, Asia’s global investment bank, has launched its Thailand equity research coverage, in cooperation with Capital Nomura Securities (CNS)...

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News China Steel - Overproduction and Lower Prices to Persist

China’s steel industry output continues to rise notwithstanding slowing economic growth, falling prices for steel, and poor profitability at the steel mills. Fitch Ratings believes this paradox can be explained first by the larger steel mills’ priority of maintaining economies (...)

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News SMEs switching to Renminbi for Chinese business according to DB survey

In spite of increasing volatility in foreign exchange markets, only around half of companies that were surveyed hedge foreign exchange risks in Renminbi transactions...

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News Nomura Acquires Additional QFII Quota in China

Nomura Asset Management, a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has acquired an additional quota under China’s Qualified...

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News Sunny outlook for hedge funds in July

Fixed-income instruments exhibited significant performance across all risk classes: worldwide and US high-grade (1.01% and 0.93% respectively), convertibles (0.95%), and the credit-spread index (0.66%)…

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News Julius Baer to acquire Merrill Lynch’s International Wealth Management business outside the United States from Bank of America

BofAML will provide certain products and services to Julius Baer, including the provision of global equity research, product offerings, as well as structured and advisory products. In addition there will be cross-referral of clients between both (...)

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News BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform

GIP is the world’s largest independent infrastructure manager with over $100 billion in AUM and a strong reputation for driving operational improvements in its portfolio companies & proprietary origination

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News Julius Baer to acquire Merrill Lynch’s International Wealth Management business outside the United States from Bank of America

BofAML will provide certain products and services to Julius Baer, including the provision of global equity research, product offerings, as well as structured and advisory products. In addition there will be cross-referral of clients between both (...)

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News Agence France Trésor announced the successful launch of the first French sovereign green bond

Today, Agence France Trésor announced the successful launch of the first French sovereign green bond with a maturity of 22 years. The Green OAT 1.75% 25 June 2039 issuance amount was €7bn, making it the largest and longest-dated green bond ever (...)

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News The market for catastrophe bonds (« Cat bonds ») remains dynamic!

Over the 12 months, the market for Cat bonds - bonds issued by securitization structure to refinance insurance risks related to natural disaster - remains dynamic, both in terms of volume and performance...

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News Rouble, Rates Moves Heighten Russian Economy Risks

Risks to Russia’s economy in 2015 have been increased by this week’s extreme volatility in the rouble and the sharp rise in interest rates, Fitch Ratings says.

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News CTAs are on the mend

After a dismal performance and significant outflows in 2018, trend following strategies are on the mend. A month ago, we signaled the strategy was experiencing green shoots of recovery ; so far this month, it has been the best performing (...)

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News Societe Generale further reduces its involvement in coal

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News DWS Supports Drive Towards Climate Resilient Infrastructure Investments

DWS Group, along with more than 30 other institutions, supports the Coalition for Climate Resilient Investment (CCRI). The goal of the CCRI is to transform infrastructure investments by integrating climate risks into the decision-making process, driving a paradigm shift (...)

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News Global macro strategies play safe with U.S. Inflation hedges

In the space of alternatives, Global Macro strategies have embraced reflation trades in the past quarter, scaling up positions on EM FX, equities, commodities and inflation linked bonds at varying degrees.

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News SUEZ successfully launches a 500 million euros green bond issuance

With a 5.5 times oversubscription and an order book totalling 2.7 billion euros, this issuance has been a huge success. More than 200 investors have once again shown their confidence in SUEZ: the very strong demand allowed to tighten the credit margin by 40 bps compared with (...)

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News Gold as collateral for a participation in the Greek support plan

Will Finland jeopardize the Greek plan? The country requires collateral in exchange for its participation in the support plan. The German labour minister, Ursula Von Der Leyen, has agreed to those terms…

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News Vauban Infrastructure Partners acquires four district heating networks in Spain - a green projet connecting more than 25,000 dwellings by 2028

Vauban Infrastructure Partners announces the closing of the transaction related to the acquisition of 100% stake in 4 district heating networks in Spain, an eminently “green project” connecting more than 25,000 dwellings to these networks by (...)

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News Schroders Greencoat builds on renewable energy demand with launch of semi-liquid energy transition fund

Schroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital, today announces the launch of the Schroders Capital Semi-Liquid Energy Transition Fund, the latest addition to its innovative fund range which also addresses (...)

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News Nomura to Acquire Shares of 8 Securities and 8 Limited

Nomura Asset Management Co., Ltd. (“NAM”), a wholly owned subsidiary of Nomura Holdings, Inc., announced that it has entered into a definitive agreement with FinTech company 8 Securities Inc. (“8 Securities”) and its Hong Kong headquartered parent company 8 Limited (“8 Limited”) (...)

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News Goldman Sachs hit by trading losses

Goldman’s traders lost up to €100 million in a single session, according to Bank’s regulatory filing to the U.S. market authority

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