Posted by admin on August 31st, 2008
It’s difficult to have any confidence in today’s market. Investment Property In the past 365 days, we’ve seen a housing bubble pop, a credit crunch ensue, a gigantic investment bank nearly go under, Investment Property and extreme — even “bailout” — measures from our federal government. To top it off, last month the market [...]
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 15th, 2008
Brewin Dolphin is the only UK investment management firm to have its investment banking division headquarters outside London. Francesca Craggs speaks to Graeme Summers, who heads the Newcastle-based operation.
THINK investment banking and the City of London or Wall Street probably springs to mind. Not many people may know the North East can boast its very [...]
Posted by admin on April 27th, 2008
Turkish property has increased in popularity over the past year, while Morocco, Cyprus, Portugal and Italy have also shown significant growth as property hotspots.
Turkish property* has soared in popularity more than three-fold over the past year amongst British investors, research from Moneycorp’s Foreign Focus Index reveals. The number of enquiries relating to buying property in [...]
Posted by admin on April 18th, 2008
Last night’s confirmation by the Royal Bank of Scotland that it is considering raising more capital through a rights issue is likely to send shivers through the stockmarket today, but it was inevitable. Mervyn King, governor of the Bank of England, has made it clear since the credit crisis began nine months ago that he [...]
Posted by admin on April 14th, 2008
Isa Sales Plunge To Record Low As The Credit Crunch BitesSales of tax-free individual savings accounts (ISAs) for the 2007-08 tax year are expected to be the worst on record, as fears over the credit crunch and the precarious nature of the economy take their toll.
Desperate attempts by fund managers and independent financial advisers to [...]
Posted by admin on April 14th, 2008
Fidelity International is planning to cut staff and crimp costs despite steady investment performances, as UK fund managers batten down the hatches in expectation of tougher times brought on by the credit crunch.
Fidelity said this morning it was looking “across the business” at making savings, which may or may not include redundancies or choosing not [...]
Posted by admin on April 3rd, 2008
April 1 Prime Minister Gordon Brown said the U.K. government will help first-time homebuyers and take steps to combat a surge in credit costs, the latest effort to regain voters’ confidence in his handling of the economy.
Brown said Britain has asked global financial regulators to meet more regularly and for banks to disclose losses more [...]
Posted by admin on March 30th, 2008
(Adds weekly moves)
By Aiko Hayashi
TOKYO, March 21 (Reuters) - Japan’s Nikkei average jumped 1.8
percent on Friday, closing higher for a third straight session as
investors snapped up financial shares such as Mitsubishi UFJ
Financial Group (8306.T: Quote, Profile, Research) amid hopes that U.S. measures to cope
with the credit crunch will [...]
Posted by admin on March 30th, 2008
(Adds DIC buys Singapore’s True Group in paragraph four)
DUBAI, March 30 (Reuters) - Dubai International Capital
(DIC) and private-equity firm Bridgepoint plan to bid jointly
for healthcare group Euromedic International for about 700
million pounds ($1.4 billion), the London Times said on Sunday.
DIC, an investment agency owned by the ruler of [...]