Fund managers are keeping their cool in the face of Russian political risk as western oil majors come under pressure and state control of business grows.
New Star Asset Management said on Friday its assets under management rose 7 percent in the six months to the end of June
The United States and China differ on how quickly they can resolve their economic disagreements, but not on the general goals, U.S. Treasury Secretary Henry Paulson said on Friday after meeting China's top two leaders.
China Merchants Bank shares began to trade in HKex today after yestoday's hot off-board transactions which dark-price once jumped 11 yuan yestoday and closed at 10.6 yuan - far higher than its offering price of 8.55 yuan, and the Price-Book value ratio soared 3.19 time.
Norwich Union will be offering a new tranche of its guaranteed fund it was announced today.
Reuters Group Plc has appointed the Michael Peace, CEO of one of its subsidiaries to the position of global head of its Research and Asset Management division.
Almost a decade after being battered by the Asian financial crisis, emerging market investors are getting a worrying reminder about political risk from the streets of Budapest to the barracks of Bangkok.
The equity release market could treble in the next five years, according to the largest player in the sector.
Morgan Stanley on Wednesday said quarterly earnings rose on strong trading and merger activity, as the largest U.S. investment bank continued its turnaround from a tumultuous 2005.
The FTSE 100 nosed up on Wednesday, weighed by heavyweight miners and by ex dividend stocks taking 1.4 points off the index but with Man rising.
The Chicago Board of Trade, a large derivative exchanges board announced on Monday a deal with Reuters Group plc to provide access to CBOT markets via Reuters.
A group of nine of the world's biggest investment banks said on Tuesday they planned to set up a new system for reporting share trades, bypassing the major European stock exchanges and ahead of new European securities regulations due to come into force later this year.
Nine leading investment banks have signed a Letter of Intent and Team Sheet to create a trade data and market dissemination platform.
Payouts on personal pensions have halved in the past decade, a survey shows.
Malaysia's financial markets regulator said Tuesday it is investigating allegations of manipulation of shares on the country's stock exchange, but it would not say whether the probe includes activities by a U.S.-based hedge fund.
A new era began on Monday for the UK's most successful investment fund, as trading resumed in Fidelity Special Situations after the fund was split in two.
There is little respite for hard pressed with profits policyholders, with Royal London announcing a cut to bonus rates.
Norwich Union has announced that it will be adding 29 funds to the Portfolio investment bond.
Last week was the 30th birthday of the Vanguard First Index Investment Trust, now known as the Vanguard 500 Index Fund.
The world's asset managers and pension funds do not see eye to eye on the type of investment products that are most needed to deal with the rising cost of a greying population
U.S. Treasury Secretary Henry Paulson said on Monday a strong U.S. dollar was in the interest of the United States and he was not seeking any quick fixes on China's currency situation.
DLJ, the private equity arm of Credit Suisse, is in talks to buy engineering company Morgan Crucible Co for around 925 million pounds, a source familiar with the matter said.
