Latest News
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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