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Peripheral euro zone bonds are shaping up to be one of 2013’s most promising bets, according to AXA Investment Managers.
BlackRock has hired three senior executives from private equity giant Blackstone as part of a plan to launch its own infrastructure debt platform.
The European Commission (EC) says recapitalisation and resolution plans for four Spanish banks under Frob control do not violate state aid rules; the ruling paves way for capital injection in early December.
The unilateral approach taken by the US to combat tax evasion is not the right one, says senior figure at the People's Bank of China
The proposition includes facilitating adviser charging on both structured deposits and investments, as well as commission options on some structured deposits, in addition to execution-only versions of structured investments.
Neuberger Berman, the US-based employee-controlled asset manager, has appointed Robert Ryan as managing director, Official Institutions.
Mark Carney, currently governor of the Bank of Canada, will take over from Mervyn King to run the UK central bank in June 2013, despite earlier appearing to deny interest in role.
J.P. Morgan Asset Management, the largest institutional money market fund provider in the world, has announced that its local currency institutional money market funds in Asia now total more than $10bn equivalent in assets, reflecting strong growth in...