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Investment News 06/2010



Wall Street Vet Ace Greenberg Sees Bright Future for Boutique Investment Banks
NEW YORK, NY--(Marketwire - 06/01/10) - Full-service investment banks will never return to Wall Street, but the many boutique corporate-advisory firms that have opened in the wake of the Lehman Brothers' bankruptcy have a bright future, according to former Bear Stearns Chief Executive Officer Alan "Ace" Greenberg. In an exclusive interview with Investment Dealers' Digest , SourceMedia's ...
Wall Street Vet Ace Greenberg Sees Bright Future for Boutique Investment Banks
Full-service investment banks will never return to Wall Street, but the many boutique corporate-advisory firms that have opened in the wake of the Lehman Brothers' bankruptcy have a bright future, according to former Bear Stearns Chief Executive Officer Alan "Ace" Greenberg. read more
Wall Street Vet Ace Greenberg Sees Bright Future for Boutique Investment Banks
Exclusive Interview With Investment Dealers' Digest Reveals Unorthodox Viewpoints
Canadian cos upbeat on investment opportunities in India
Canadian firms are increasingly focusing on India as an investment destination, with overall optimism about the entire Asian region on the rise, a new survey said.
Investment in India: Canadian cos upbeat
According to the 2010 Asian Investment Intentions Survey released by the Asia-Pacific Foundation of Canada, Canadian firms are upbeat about investment opportunities in Asia.
GM boosts investment in Ontario plant
General Motors Co. is investing $245 million to build more fuel-efficient six-speed transmissions at its powertrain plant in St. Catharines, Ontario.
Investment Planning Counsel Inc. Reports May 2010 Mutual Fund Sales and Assets Under Management
Counsel Portfolio Services Inc., a division of Investment Planning Counsel Inc., today reported preliminary mutual fund sales and assets under management for the month ending May 31, 2010. Mutual fund assets under management were $2.20 billion at May 31, 2010 compared with $1.80 billion at May 31, 2009 and $2.14 at December 31, 2009. read more
UK tops EU foreign investment league
Despite a collapse in domestic investment unparalleled since the Great Depression, Britain remains a favourite with overseas investor companies, who created 20,000 jobs last year, according to Ernst & Young's latest survey of foreign direct investment.
PNA seeks more big projects at 2nd investment conference
The Palestinian National Authority (PNA) is seeking more big investment projects that would push forward the progress of the national economy via the 2nd Conference of Investment, due to be held in the West Bank city of Bethlehem on Wednesday. The PNA expects the participation of 750-900 businessmen coming from over 16 countries that would look forward to establishing economic ties and pump ...
Region attracts almost double the level of foreign investment
THE number of foreign investment projects in Yorkshire almost doubled last year, according to research published today. (01/06/2010 21:13:15)
FACTBOX-Investment bank activity in carbon trading
(Updates factbox from Sept 15, 2009)
Al Rayan Investment Forms Joint Venture With Malaysian-Based SapuraCrest Petroleum
Al Rayan Investment LLC, a wholly-owned subsidiary of Masraf Al Rayan, today announced a joint venture with Malaysia-based oil and gas services company, SapuraCrest Ventures Sdn Bhd (formerly known as Petro-Plus Sdn Bhd) - a wholly-owned subsidiary of Sapuracrest Petroleum Berhad. read more
UNCTAD 2010 World Investment Forum
Some of the greatest minds and movers will assemble in Xiamen, China to discuss the role and responsibilities of sustainable investments in this new world order and the opportunities that could arise for organisations across the globe. Registration is now open for UNCTAD's 2010 World Investment Forum. To ensure your application is processed in time for this event, please submit registrations as ...
Al Rayan Investment Forms Joint Venture With Malaysian-Based SapuraCrest Petroleum
Al Rayan Investment Al Rayan Investment LLC, a wholly-owned subsidiary of Masraf Al Rayan Masraf Al Rayan , today announced a joint venture with Malaysia-based oil and gas services company, SapuraCrest Ventures Sdn Bhd (formerly known as Petro-Plus Sdn Bhd) - a wholly-owned subsidiary of Sapuracrest Petroleum Berhad.
State Street Global Advisors Appoints Alistair Lowe as Chief Investment Officer
BOSTON -- State Street Global Advisors (SSgA), the investment management business of State Street Co...
Walter Investment Management Corp. Completes $8.6 Million Purchase of Pool of Residential Loans
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Chuck Jaffe: Give your investment adviser a checkup
People often invest 'with stars in their eyes,' taken in by big names, fancy offices and splashy portfolio returns. But they should be careful not to always believe what they see.
Give Your Investment Adviser a Checkup
Give Your Investment Adviser a Checkup
Investment downturn worries business lobby
Tasmania's key business lobby remains concerned by a decline in business investment.
Investment downturn worries business lobby
Tasmania's key business lobby remains concerned by a decline in business investment.
Ethical investment schemes offer power to the people
Community interest companies are providing ethical investment opportunities in projects that give long-term benefits to communities and the environment Tired of watching the value of your shares falling? Looking for an alternative investment that puts money back into your local community and which has tax advantages? And one that promotes renewable energy while at the same time paying a ...
CPP Investment Board Opposes Proposed Magna International Transaction
The CPP Investment Board (CPPIB) announced today that it will vote against the proposed transaction agreement between Magna International Inc. (Magna) and the Stronach Trust entered into on May 6, 2010. read more
Xstrata halts investment over Australia mining tax
Anglo-Swiss mining company Xstrata has raised the stakes in a protest over Australia's plans to glean more taxes from the sector, announcing Thursday it will halt investments in two projects in the country and put the creation of 3,250 jobs at risk.
Xstrata halts investment over Australia mining tax
Anglo-Swiss mining company Xstrata has raised the stakes in a protest over Australia's plans to glean more taxes from the sector, announcing Thursday it will halt investments in two projects in the country and put the creation of 3,250 jobs at risk. Xstrata... Xstrata - Mining - Australia - Business - Mining and Drilling
How to spot the red flags of an investment seminar scam
Falling victim to a fraudulent investment scheme can mean losing anywhere from a few hundred dollars to your life savings.
G2 Investment Hires Former Lehman Executives for Credit Trading
June 3 (Bloomberg) -- G2 Investment Group, the asset- management firm started by J. Todd Morley , hired two former Lehman Brothers Holdings Inc. executives to expand its credit sales and trading operation.
G2 Investment Hires Former Lehman Executives for Credit Trading
G2 Investment Group, the asset- management firm started by J. Todd Morley, hired two former Lehman Brothers Holdings Inc. executives to expand its credit sales and trading operation.
Some golden investment tips
In an hour-long chat on rediff.com on Thursday, financial planning expert Sailesh Multani offered some valuable tips
Brazil Election to Slow Investment, Real Forecast Cut (Update1)
The two banks cut their third-quarter forecast for the real by more than 2.5 percent in the past five weeks, driving down the consensus year-end estimate in a Bloomberg survey by 1.1 percent to 1.77 per dollar.
TPG-Backed LPL Investment Holdings Files for $600 Million IPO
June 4 (Bloomberg) -- LPL Investment Holdings Inc., the brokerage owned by private-equity firms TPG Capital and Hellman & Friedman LLC, filed to raise as much as $600 million in an initial public offering.
TPG-Backed LPL Investment Holdings Files for $600 Million IPO
LPL Investment Holdings Inc., the brokerage owned by private-equity firms TPG Capital and Hellman & Friedman LLC, filed to raise as much as $600 million in an initial public offering.
Swiss investment firm acquires Mercury Wealth Management
Swiss investment firm Helvetia Wealth has expanded its Irish presence with the acquisition of Dublin-based Mercury Wealth Management.
Placing $5,000 investment gift for grad
Q: Our grandson is about to graduate from college. Instead of handing him a gift, we thought we'd open an account and invest $5,000 for him. Our question is: Should we choose only an S&P 500 index fund, or put 80 percent into the S&P 500 and 20 percent into the EFA foreign index? Or should we wait for the stock market to calm down?
Palestinian Development Investment Forum Yields $655 Million
June 5 (Bloomberg) -- A U.S.-backed investment conference intended to strengthen the Palestinian economy and support institution building generated $655 million in international pledges for the Palestinians in the West Bank, the State Department said in a statement today.
Brook Secures Experienced Investment Manager
Brook Asset Management today announced that Andrew South will rejoin the business to manage its highly successful portfolios. Having worked within the Brook business for four years, Mr South already has significant experience in managing Brooks ...
HC Securities & Investment appoints a new CEO for its GCC Operations
06 June 2010 HC Securities & Investment HC Securities & Investment " HC HC "- the leading investment bank in the Middle East and North Africa- announced the appointment of Mr. Moataz Kandil Kandil as the Chief Executive Officer and Managing Director for the company's operations in the GCC- based out of its offices in the Dubai International Financial Center "DIFC" in the United Arab Emirates.
HC Securities & Investment appoints a new CEO for its GCC Operations
06 June 2010 HC Securities & Investment HC Securities & Investment " HC HC "- the leading investment bank in the Middle East and North Africa- announced the appointment of Mr. Moataz Kandil Kandil as the Chief Executive Officer and Managing Director for the company's operations in the GCC- based out of its offices in the Dubai International Financial Center "DIFC" in the United Arab Emirates.
Mining investment on hold
China's largest steel maker Shagang has put a freeze on new investment in Tasmania's Savage River iron ore mine, because of concerns over the Federal Government's proposed resources rent tax.
Investment In Energy Sector Should Return To Prevent Shortfall, Says Shamsul Azhar
KUALA LUMPUR, June 7 (Bernama) -- The recent investment cutbacks in the energy sector should be reversed to prevent shortfalls, says Petronas president and chief executive officer Datuk Shamsul Azhar Abbas.
Bashayer Investment launches Wealth Management Company
Abu Dhabi 7 June 2010- Announcing the start of the operations of a new investment company, Mrs. Fatima Al Jaber, Chairman of Al Bashayer Investment Company, said our key target segment is High Net Worth Individuals, Women Investors and Families in the UAE and the Region.
New Abu Dhabi investment bank eyes women's wealth
A new investment bank in Abu Dhabi is targeting wealthy women in the oil-exporting emirate, which has one of the highest levels of income per capita in the world, saying women have different investment needs than men.
Investment in renewable energy need of the hour
Investment in renewable energy need of the hour
Al Bashayer Investment Company, a UAE-based Wealth Management Company
Announcing the start of the operations of a new investment company, Mrs. Fatima Al Jaber, Chairman of Al Bashayer Investment Company, said our key target segment is High Net Worth Individuals, Women Investors and Families in the UAE and the Region.
Energy Investment to Shift Away From Utilities, Study Shows
June 7 (Bloomberg) -- Energy investment will gradually shift to private investors and away from utilities as electricity and heat production becomes more decentralized, according to a study by the European Renewable Energy Council.
Indonesia allows foreign investment in agriculture
* Foreigners can now own 49 pct of food plantation businesses
Indonesia allows foreign investment in agriculture
Source: Reuters * Foreigners can now own 49 pct of food plantation businesses * Permitted foreign ownership raised in transport, healthcare * Investment in telecom towers, film-making still banned (Updates with ...
Qualcomm fund leads investment in Anteryon
Anteryon BV, a Dutch maker of optical components including lenses for phone cameras, said Monday that an investment group led by a Qualcomm Inc. fund has purchased a stake in the company.
Investment earnings boost SD Retirement System
Stock market gains have helped the South Dakota Retirement System begin recovering from the losses of the prior two years, state investment officials said Monday.
Investment in vitality, vision
editor's note: Colorado has lost a few big headquarters, including First Data, Frontier Airlines and soon Qwest. As the economic development community seeks ways to attract and retain companies, one out-of-state business leader offers his take on what drew his company to invest in Colorado.
Investment Policy Pitfalls
An investment policy statement can be a powerful tool - as long as you avoid these common mistakes.