Search Results for: assets
Alpari: KPMG fails to find buyer as break up begins with 114 job losses and Andrey Dashin buying up assets
February 6th, 2015
Administrators for collapsed spreadbetter Alpari UK have failed to find a bidder for the firm and have begun to sell off its assets, resulting in the loss of 114 jobs. KPMG had sought to find a buyer for the currency trader, ...
Exchange Traded Fund Assets under management to exceed $5 trillion by 2020
January 26th, 2015
Professionally managed financial investments globally are predicted to grow at 6% per annum to reach $100 trillion by 2020, according to a new report by PwC. Exchange traded funds (ETFs) will pay a prominent role in this growth, as ...
Richest Russians Repatriate Assets After Putin Turns Tax Screw
January 20th, 2015
President Vladimir Putin is pushing harder on Russia’s richest citizens to repatriate offshore assets amid a slump in the ruble and the imposition of sanctions by the U.S. and the European Union. Under new tax rules signed into law ...
Russian Assets Nearing Buying Range, Investment Adviser Says
January 14th, 2015
Russian assets are approaching levels where they would be attractive to buy, investment adviser Marc Faber — writer of the Gloom, Boom & Doom Report — said Tuesday. Western sanctions imposed over Moscow’s role in the Ukraine crisis and ...
U.S.-Listed ETF Assets Break $2 Trillion Mark
December 30th, 2014
“It took 18 years for ETFs to reach $1 trillion and three years for it to reach the additional $1 trillion,” says SSGA’s David Mazza. Assets invested in U.S.-listed exchange-trade funds/exchange-traded products reached the $2 trillion milestone. ETFGI is ...
Halliburton to Buy Baker Hughes for $34.6 Billion, Sell Assets
November 17th, 2014
Halliburton Co., the world’s second-biggest provider of oilfield services, agreed to buy No. 3 Baker Hughes Inc. in one of the largest takeovers of a U.S. energy company in years. Baker Hughes shareholders will receive 1.12 Halliburton shares plus ...
Gold Heads for Weekly Loss as SPDR Assets Extend Drop, Oil Slips
November 14th, 2014
Gold headed for a weekly decline as investors assessed the timing of higher U.S. borrowing costs amid slumping energy prices, with assets in the SPDR Gold Trust posting the longest period of decrease since May 2013. Bullion for immediate ...
IOSCO Consults on Principles regarding the Custody of CIS Assets
October 13th, 2014
The International Organization of Securities Commissions (IOSCO) has published a consultation report on Principles regarding the Custody of Collective Investment Schemes’ Assets. The report is aimed at gathering the views of investment managers, custodians, institutional investors and other interested ...
European Bank Assets Recover in First Half
September 12th, 2014
Europe’s big banks returned to growth mode in the first half of this year, expanding their books by 530 million euros ($685 million), in a sign they are starting to get back on their feet after the financial crisis. ...
Fed Chair Yellen’s assets up 8% during 2013
August 29th, 2014
Value of portfolio totals between $5.3 million and $14.1 million, latest financial disclosure shows. Federal Reserve Chair Janet Yellen’s assets rose in value by at least 8% during 2013, raising their total to between $5.3 million and $14.1 million, ...
