The emerging markets (EM) ‘grand narrative' that you hear constantly
churned out is at best misleading and at worst dangerous...
The ECB announced its second long-term refinancing operation (LTRO) on Wednesday. The auction led to 800 banks tapping the ECB for EUR 530bn in three year funding at 1%.
Union Bancaire Privée, UBP SA (“UBP”), one of Switzerland's leading and best-capitalised private banks and a leader in the hedge fund industry, announced today that it has signed a definitive agreement to acquire Nexar Capital Group (“Nexar”), a global alternative investment manager.
The rich Arab investors buy whatever they want in the United Kingdom. The latter is in dire need of them
Investors should view Asian debt as a mainstream asset class and not simply as a subsection of the global bond universe, according to Chia-Liang Lian, manager of the Legg Mason Western Asset Asian Opportunities Fund