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Consumer stocks shine in emerging market gloom

May 18, 2013 at 19:45 | Source: FirstPost

LONDON (Reuters) - A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or consumer goods where margins are more robust.What is evolving is in ef...

FIIs unlikely to invest in a big way into Indian markets: Michael Dobson, Schroders

May 13, 2013 at 01:41 | Source: Economic Times

Michael Dobson is the chief executive at Schroders, a leading global asset management company, which manages funds worth $359 billion, for institutional and retail investors, financial institutions and high networth clients from around the world. Fo...

Search called off for Australia cruise passengers

May 11, 2013 at 10:47 | Source: BBC

Rescue teams have called off a search for two people who apparently fell from a cruise ship off the south-eastern coast of Australia on Wednesday night. A surveillance camera showed a man and a woman plunging from the mid deck of the Carnival Spirit ...

Australia cruise passengers fall overboard

May 10, 2013 at 13:32 | Source: BBC

A search is continuing off the south-eastern coast of Australia for a man and a woman who appear to have fallen from a cruise ship on Wednesday night. A surveillance camera on the Carnival Spirit showed the pair plunging from the mid deck, about 120k...

Chandresh Nigam to head Axis MF

Apr 29, 2013 at 20:46 | Source: The Hindu BusinessLine

Mumbai, Apr 29: Axis Mutual Fund today appointed Chandresh Nigam as its Managing Director and Chief Executive Officer. Nigam was till now managing products across asset classes at the asset management arm of private sector lender Axis Bank. Axis Ban...

Axis Mutual Fund appoints Chandresh Nigam as MD CEO

Apr 29, 2013 at 19:30 | Source: Economic Times

MUMBAI: Axis Mutual Fund today appointed Chandresh Nigam as its Managing Director and Chief Executive Officer. Nigam was till now managing products across asset classes at the asset management arm of private sector lender Axis Bank. Axis Bank Managi...

Nokia seen curbing sales decline with Lumia's China push

Apr 16, 2013 at 01:15 | Source: FirstPost

HELSINKI (Reuters) - Nokia's (NOK1V.HE) push to expand sales of its Lumia smartphones in new markets such as China should help shrink an overall revenue decline and reduce its first-quarter loss, easing some of the pressure on CEO Stephen Elop.Quarte...

Nokia seen curbing sales decline with Lumia's China push

Apr 15, 2013 at 17:11 | Source: Economic Times

HELSINKI: Nokia's push to expand sales of its Lumia smartphones in new markets such as China should help shrink an overall revenue decline and reduce its first-quarter loss, easing some of the pressure on CEO Stephen Elop. Quarterly results on Thurs...

U.K. stocks drop; Q4 GDP confirms 0.3% contraction

Mar 28, 2013 at 00:02 | Source: Market Watch

LONDON (MarketWatch) — U.K. stocks fell on Wednesday, as a report confirmed that the economy contracted in the final quarter of 2012, while oil firms dropped as oil prices moved lower. The FTSE 100 index (FTI:UK:UKX)  closed 0.2% lower at 6,387.5...

Schroders to pay �424 million for Cazenove Capital

Mar 26, 2013 at 21:32 | Source: DomainB

Two of the most distinguished fund managers in the business are set to join forces in a deal that would see FTSE 100 firm Schroders pay �424 million for Cazenove Capital. The company would pay Cazenove's investors 135p per share to create a firm w...

Aberdeen Asset Management leads U.K. stocks higher

Mar 25, 2013 at 16:22 | Source: Market Watch

LONDON (MarketWatch) — Shares of Aberdeen Asset Management PLC led U.K. stocks higher on Monday after a trading update, while the broader market welcomed a bailout agreement between Cyprus and its international lenders. The FTSE 100 index (FTI:UK:...

Schroders considering acquisition of Cazenove Capital

Mar 24, 2013 at 17:32 | Source: DomainB

Two of the oldest names in the UK's financial sector are joining hands after fund management group Schroders said it was considering a takeover of its smaller rival Cazenove Capital. The deal would see current and former staff involved at the time i...

Schroeders considering acquisition of Cazenove Capital

Mar 23, 2013 at 20:32 | Source: DomainB

Two of the oldest names in the UK's financial sector are joining hands after fund management group Schroders said it was considering a takeover of its smaller rival Cazenove Capital. The deal would see current and former staff involved at the time i...

FTSE 100 aims for five-year high

Mar 08, 2013 at 16:32 | Source: Market Watch

LONDON (MarketWatch) — U.K. stocks extended gains on Friday, setting the benchmark index on track for a five-year high, as banks and resource firms moved higher after upbeat Chinese export data. The FTSE 100 (FTI:UK:UKX)  rose 0.5% to 6,470.04, o...

U.K. stocks hold gains as BOE stands pat

Mar 07, 2013 at 18:02 | Source: Market Watch

LONDON (MarketWatch) — U.K. stocks held onto gains in midday trade Thursday, after the Bank of England stood pat and made no changes to its monetary policy, while Aggreko PLC rallied after a well-received earnings report. The FTSE 100 index (FTI:U...

Investors want to buy RBS's Williams Glyn's

Mar 07, 2013 at 15:27 | Source: BBC

Royal Bank of Scotland has received an approach from 17 of the biggest investment institutions to buy 315 branches and their associated 2m customers for around £1bn - with a view to creating a serious new player in small-business banking. I've ...

Chavez's 692% Bond Gain Seen Living On to Fidelity

Mar 07, 2013 at 00:00 | Source: Business Week

If you liked the 692 percent bond return Hugo Chavez delivered during his 14 years as Venezuelan president, Fidelity Investments and Schroder Investment Management Co. say you have nothing to fear from his successor. Vice President Nicolas Maduro, ...

Seen by Fidelity as Living On

Mar 06, 2013 at 22:00 | Source: Business Week

If you liked the 692 percent bond return Hugo Chavez delivered during his 14 years as Venezuelan president, Fidelity Investments and Schroder Investment Management Co. say you have nothing to fear from his successor. Vice President Nicolas Maduro, ...

Chavez's 692% Bond Gain Seen Living On to Fidelity: Andes Credit

Mar 06, 2013 at 20:00 | Source: Business Week

If you liked the 692 percent bond return Hugo Chavez delivered during his 14 years as Venezuelan president, Fidelity Investments and Schroder Investment Management Co. say you have nothing to fear from his successor. Vice President Nicolas Maduro, ...

Chavez's 692% Bond Gain May Persist: Fidelity

Mar 06, 2013 at 18:00 | Source: Business Week

If you liked the 692 percent bond return Hugo Chavez delivered during his 14 years as Venezuelan president, Fidelity Investments and Schroder Investment Management Co. say you have nothing to fear from his successor. Vice President Nicolas Maduro, ...

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