DWS Scudder today announced that it has changed its name to DWS Investments, representing a complete alignment of Deutsche Asset Management’s (DeAM) US and worldwide retail asset management organization, DWS Investments.
“The name change to DWS Investments reflects the next step in the evolution of our business,” said Axel Schwarzer, CEO of DWS Investments US. “It [...]
Investment Banking will sell its personal communications division to a unit of AIG Investments for about $240 million, the company said Tuesday.
The sale is aimed at advancing the Alameda company’s plans to maximize its focus on technologies for Internet Protocol telecommunications equipment in rapidly growing economies.
The personal communications division to be sold has primarily focused [...]
Retirement savers have been plowing money into foreign stocks, but experts say many are failing to consider taxes and how the investments fit within their overall plan.
Foreign stock mutual funds accounted for $722 billion in workplace retirement accounts, including 401(k) plans, and in individual retirement accounts last year, according to the Investment Company Institute, a [...]
The rulers of the exchange of mankind’s goods have failed,” U.S. President Franklin D. Roosevelt told a Depression-blighted nation in his 1933 inauguration address. “There must be an end to a conduct in banking and in business which too often has given to a sacred trust the likeness of callous and selfish wrongdoing.”
Fast-forward three-quarters of [...]
MagicBricks.com, India’s No 1 property site brings a golden opportunity for NRIs & PIOs, in the USA who are planning to return to their homeland or invest in real estate in India. MagicBricks.com India Property show, USA will offer the best of properties from India including hundreds of residential and commercial properties to choose from, [...]
US alternative asset manager Angelo, Gordon has decided to buck the trend by listing a special purpose acquisition company while others were waiting for equity market conditions to improve.
The hedge fund, real estate and private equity manager, which has $15bn (€9.6bn) of assets under management, has set out to raise $300m for the Spac, the [...]
RREEF Alternative Investments, the global alternative investment management business of Deutsche Bank’s Asset Management division, announced it has launched a new venture that will invest over $1 billion over the next three years in India’s growing real estate market.
The new venture, RREEF India Advisors, which will be run by country head Kishore Gotety, will be [...]
SCOR realises strong net income of EUR 124 million in the First Quarter 2008, up 63% despite a challenging financial environment
SCOR records strong results, carrying its profitability momentum into 2008. A strong business performance in Non-Life and Life more than offsets a decrease in investment income due to a challenging financial market environment. The quarter [...]
The “Asian century” and the “Chinese century” are terms that you are virtually certain to be hearing with greater frequency and earnest. Investment Banking And with the forthcoming Olympic Games in China, the volume of this terminology is sure to intensify.
With the U.S. dollar cascading relative to many Asian currencies and with treasuries and [...]
A growing number of 401(k) plan executives are demanding to know how much in excess revenue is generated by their plans and how they can get their hands on that money to cut costs and enhance services to participants.
Among those that have gone through the process: Akzo Nobel in Chicago, with $1.6 billion in plan [...]
