12/08/2011

SWF interest in emergeing debt hits new high

Sovereign wealth funds are seeking to hold more local-currency emerging bonds as a strategic allocation while central banks want to raise their exposure to higher-rated emerging economies such as Singapore, Chile, Brazil, Peru and South Africa, Trigo Paz

12/06/2011

UBS acquires equity stake in Chi-X Global

The group that UBS joins comprises BofA Merrill Lynch, GETCO LLC, Goldman Sachs, Morgan Stanley, and Quantlab Group LP. Instinet Incorporated, a Nomura Group company, remains the largest equity holder through a subsidiary company.

12/02/2011

Wealth firm plans to expand in Asia by 2014

The expansion is a continuation of the 350-million pound investment programme - known as Project Gamma - announced by the British private bank in 2010 to grow its global AUM from 170 billion pounds to 290 billion pounds by 2014 through investments in infr

12/02/2011

Majority sees income gap as serious problem: survey

The findings said 76 percent of people consider the wealth gap rather serious, while 14 percent said they cannot make ends meet, said Professor Wong Chack-kie, associate director of the institute.