Posted by admin on August 28th, 2008
Resolution Asset Management, the £54bn multi-specialist investment provider, Investment Advice has launched a guide to European equity income investment as part of an ongoing drive to broaden understanding of the area and the benefits of investing in cash-rich companies on the Continent.
Investment Advice aims to demystify European Equity Income Investment and shows how the [...]
Posted by admin on July 13th, 2008
BlackRock today reported a jump in assets under management for the second quarter, while JPMorgan Chase and BNY Mellon said their asset totals remained unchanged from the previous quarter.
BlackRock reported $1.43 trillion in assets, up 5% from the first quarter and up 16% from the previous year. Management fees in the second quarter were $1.2 [...]
Posted by admin on June 15th, 2008
Tharwa Investment Company, a closed Kuwaiti shareholding company with a paid up capital of KD15m announces the launch of a new fund to expand the offers for its investors on local and regional level.
The Tharwa Arab Investment Fund delivers medium to long term capital appreciation primarily through investing in a diversified portfolio of quality stocks [...]
Posted by admin on June 11th, 2008
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the investment management industry, today announced that more than 200 clients have licensed Advent Portfolio Exchange? (APX) since the product was launched in late 2005. APX is Advent’s next generation portfolio management solution offering a powerful platform that brings together mission-critical portfolio [...]
Posted by admin on June 11th, 2008
Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of The Bank of New York Mellon, today announced that Ark Asset Management Co., Inc. (Ark), a leading investment management firm in the institutional marketplace, will transition its installation of the Eagle investment management suite, which is currently managed in-house, to [...]
Posted by admin on June 9th, 2008
Billie Redmond, CEO of Coldwell Banker Commercial TradeMark Properties has announced that Allison Mitwol has joined the firm as a real estate advisor. In this position, Mitwol will specialize in the brokerage and leasing of retail properties in the Triangle area. Mitwol completed three years of work in residential sales before transitioning to commercial leasing [...]
Posted by admin on June 5th, 2008
Lehman shares fell another 3.6 percent before the bell on Wednesday in electronic trading ahead of the New York Stock Exchange open. Over the past three days, the stock has tumbled 18 percent, chopping nearly $4 billion of market value from the company.
According to the newspaper, options for Lehman in Korea include the state-run Korea [...]
Posted by admin on May 31st, 2008
HSBC Holdings PLC, Europe’s biggest bank, said Friday it plans to continue to invest primarily in fast-growing emerging markets where it expects “reasonable growth” this year against a weaker outlook for the United States and Europe.
However, Chairman Stephen Green also said that HSBC would invest further in the United States, particularly in markets that target [...]
Posted by admin on May 27th, 2008
A year ago, private equity executives were Wall Street’s new masters of the universe, riding an era of easy money to unparalleled success by pulling off record-setting buyouts and pulling down monstrous paydays.
The industry became so synonymous with making money that buyout giant Blackstone Group, a specialist in taking companies private, itself went public in [...]
Posted by admin on May 27th, 2008
Doha Bank is setting up a finance company in India by acquiring a 49 per cent stake in an unnamed brokerage for an undisclosed amount. However, the bank did indicate in a previous statement in May 2007 that it was planning to buy into a brokerage company called Investnet, which is owned by Select Securities. [...]