Emirates NBD Launches New MENA Fixed Income Fund

Emirates NBD has launched an open ended US dollar denominated MENA Fixed Income Fund to achieve a high level of income as well as capital growth by investing in a portfolio of fixed-income instruments...

Published: 13-Mar-2010

Direxion Shares Launches Six New ETFs

Direxion Shares, a provider of alternative and investment strategies to investors, has launched six new Direxion Shares Daily ETFs to its existing lineup of multi-directional, leveraged funds. This br...

Published: 11-Mar-2010

State Street Launches New Russia ETF

State Street Global Advisors (SSgA), the investment management business of State Street, has launched SPDR S&P Russia ETF and commenced the trading on the Nyse Arca. ...

Published: 11-Mar-2010

Apollo Management To Buy Citi Property Investors

Apollo Management has signed a letter of intent to acquire Citi Property Investors, the real estate investment unit of Citigroup, in a bid to triple the value of its property assets. ...

Published: 10-Mar-2010

JP Morgan To Provide Collateral Management Services For Government of Canada

JP Morgan Worldwide Securities Services has been selected by the Government of Canada to provide an expanded set of collateral management services for derivatives. ...

Published: 10-Mar-2010

BNP Paribas To Offer Local Custody Services In India

BNP Paribas Securities Services, one of the divisions of BNP Paribas India, has been granted a custody licence by the Securities and Exchange Board of India. ...

Published: 09-Mar-2010

BNY Mellon To Acquire BHF Asset Servicing GmbH

BNY Mellon has agreed to acquire BHF Asset Servicing GmbH from BHF-Bank Aktiengesellschaft and Sal. Oppenheim jr. & Cie for EUR253m. The transaction will include the purchase of BHF Asset Servicing's ...

Published: 08-Mar-2010

KFIC Rises Stake In Kuwait Real Estate

Kuwait Finance and Investment (KFIC) has increased its stake in Kuwait Real Estate (KRE), a Kuwait Stock Exchange listed company, to 5% through stock buys on the public exchange. ...

Published: 08-Mar-2010

Nomura Revamps Top Management

Nomura Holdings has made organizational changes and new management appointments to ensure closer collaboration across its global business platform and support functions while further enhancing its ris...

Published: 08-Mar-2010

EFG Hermes To Launch Private Equity Fund In Syria

EFG Hermes is awaiting final approval from the Syrian Commission on Financial Markets and Securities to foray into the Syrian market with the opening of a full fledged office in Damascus and simultane...

Published: 04-Mar-2010

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