Investors seek higher-yielding alternatives
Negative yields in core issuers prompt investors to look for riskier sovereign, supranational and agency bonds
View ArticleChinese investment in US set to reach all-time high
Total investment by Chinese companies in the US hit a record high in the first half, and are on course to 'surpass the $8bn mark'
View ArticlePiper Jaffray to exit Hong Kong
Big banks and smaller players have all trimmed staff in Asia
View ArticleMGM files for possible IPO
MGM was founded in 1924 and is behind classic films including Gone with the Wind and West Side Story
View ArticleCalpers cuts risk and finds reward
Many pensions are following Calpers's lead in turning away from higher risk real estate funds
View ArticleVanguard voted as 'most favoured' ETF provider
Opinion study of over 1,700 financial advisers also finds that iShares – the provider with the greatest market share – was fifth in favourability stakes
View ArticleInvestment bank of the Week: BMO Capital Markets
The Canadian bank jumped 12 places in the global M&A rankings this week after advising Chinese client CNOOC on an $18bn-plus energy deal – its largest ever advisory mandate
View ArticleCompensation drags on Lazard profits
The independent advisory house, which in June received the backing of activist investor Nelson Peltz, posts a 9% decline in quarter-on-quarter revenues
View ArticleCME Group executives launch defence of Libor
The world’s largest derivatives exchange defends Libor’s status as the reference rate for its most valuable products
View ArticleEvercore expands headcount and revenues
The independent advisory firm hired 24 bankers in the second quarter amid record revenues for the first half of the year
View ArticleTrade of the Week: Tweet earns traders a pretty Penney
Analysts believe that a fashion guru's glowing Tweet prompted a surge in shares of US retailer JC Penney
View ArticleFidelity targets securities lending
The mutual fund company is rolling out a pricing service to make the securities lending market more transparent
View ArticleLibor suits weighed by mutual-fund firms
Several large mutual-fund companies, including BlackRock and Vanguard, have launched internal investigations into whether their funds have been harmed by alleged interest-rate rigging by large banks
View ArticleFund manager results show investors still spurning stocks
Janus Capital, Invesco and Waddell & Reed Financial reported outflows from equity funds
View ArticleICE to end floor trading for options
The move reflects the emphatic shift from the floor to electronic execution
View ArticleChina's forex manager commits to Blackstone real estate fund
China wants to diversify its mammoth foreign exchange holdings into higher yielding assets
View ArticleIs your algo watching the Olympics?
CA Cheuvreux has said that firms will need to recalibrate their trading algos to account for shifts in overall trading volumes during the 17-day sports bonanza
View ArticleTMX profit drops on deal related costs
The Canadian exchange's failed merger with London Stock Exchange contributed to higher costs
View ArticleKKR looks to hedge fund opportunities
Scott Nuttall, head of KKR's global capital and asset management group, said the private equity firm wants to move to more liquid products amid a shift among pension funds to alternative assets
View ArticleMeet JP Morgan's new-look CIB team
The US bank has announced a new business structure that hands expanded roles to a triumvirate of potential successors to the bank's chief executive Jamie Dimon
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