News

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.

Read article

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...

Read article

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 (...)

Read article

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 (...)

Read article

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...

Read article

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 (...)

Read article

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 (...)

Read article

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 (...)

Read article

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)...

Read article

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 (...)

Read article

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...

Read article

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...

Read article

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%)…

Read article

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 (...)

Read article

News RBC Global AM Inc. Awarded Natural Resources Mandate for China’s National Social Security Fund

RBC Global Asset Management Inc. today announced that it has been selected to manage a global natural resources mandate by China’s National Council for Social Security Fund (NCSSF).

Read article

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 (...)

Read article

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

Read article

News Five Of The Top Ten Largest Banks In The World Are From China - Largest Bank With Almost $5T In Total Assets

China’s banking system can trace its roots back all the way back to the tenth century Song dynasty.

Read article

News The Number of Bitcoin ATMs Surged by 70% in Six Months and hit 16,500 in March

As one of the quickest and most convenient ways to transfer physical cash into Bitcoin or other cryptocurrencies, Bitcoin AMTs continued their impressive growth in 2021. According to data presented by TradingPlatforms.com, the total number of Bitcoin ATMs surged by 70% in (...)

Read article

News Société du Grand Paris continues financing the Grand Paris Express with a new bond offering

Société du Grand Paris came to the market with its first Green Bond in 2021. This May-46 €2bn 0.875% offering is the seventh transaction off their “Green Euro Medium Term note” programme, the first ever 100% Green EMTN ever created. Over 120 investors showed interest, with total (...)

Read article

News A new “Sustainable Eurobond” issuance from VakıfBank with an amount of USD 500 million

Having the highest amount of sustainable-linked sources in its funding structure, VakıfBank successfully completed its second bond issuance within the sustainable finance program. The coupon rate of USD 500 million Eurobond with 5 years maturity has been set at 5.5% which is (...)

Read article

News Eurozone: How the City is bracing itself for the worst.

Within the large investment banks, special teams consisting of 10 to 30 people have been assembled in order to develop rescue kits designed to face all types of scenarios resulting from a breakup of the Eurozone.

Read article

News Infravia IV hits its hard cap in closing at Eur 2bn

InfraVia announces the completion of the acquisition of Mater Private hospital group on 31st July 2018 following receipt of the necessary regulatory approvals. Mater Private is the first investment of InfraVia’s fourth infrastructure (...)

Read article

News Natixis supports the measures announced by H2O Asset Management and confirms the principles of its multiaffiliates model

Following the information released on 20th June 2019 by Natixis and H2O Asset Management and the statements of H2O Asset Management made earlier today, Natixis today provides the following additional information.

Read article

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...

Read article

News Ecuador’s Budget Cuts and China Loans Mitigate Oil Risks

The Ecuadorian government’s announcement of cuts to the 2015 budget and new Chinese loans signals how the authorities are responding to the fiscal and financing challenges of lower oil prices, Fitch Ratings says.

Read article

News The Investment Implications of Climate Risk – An Investment Manager’s View

Read article

News ETF Securities Revises Fair Value Target as Brexit Gold Rush Continues

ETF Securities has adjusted its fair value target for gold to $1400, amid a surge in appetite for the precious metal.

Read article

News Big Shorts and Gold Rush dominate ETP flows

Surges in appetite for Gold and Short/Leveraged exchange traded products (“ETPs”) dominated the first half of the year, with demand for both redoubling after the shock Brexit referendum result, according to latest inflow data from ETF (...)

Read article

News European ETF Market flows continued their positive trend in February 2017

Net New Assets (NNA) during this month amounted to EUR9.4bn, nearly twice the one-year average of EUR4.9bn. Total Assets under Management are up 7% vs. the end of 2016, reaching EUR551bn, including a market impact of (...)

Read article