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Investment News 10/2010



Investment bosses think shares undervalued
A small group of key investment managers think New Zealand shares may be undervalued, with companies showing strong balance sheets and "cheap" share price-to-earnings ratios, according to an industry survey.
Credit Suisse Cuts Investment Bank Bonus Pool as Revenue Falls
Credit Suisse Group AG, the second- biggest Swiss bank, reduced the amount it set aside to pay investment-banking employees by 20 percent from a year earlier as revenue at the unit slid 27 percent.
Goldman may repay Buffett's $5 billion investment: report
U.S. investment bank Goldman Sachs is considering paying back a $5 billion investment made by Warren Buffett's Berkshire Hathaway Inc (BRKa.N), the Wall Street Journal reported, citing people familiar with the situation.
HFT Investment Buying China Insurance, Consumer Stocks After Rate Increase
HFT Investment Management Co., part- owned by a BNP Paribas SA unit, is buying Chinese insurance, consumer and health-care stocks, betting they’ll gain as incomes rise and after China boosted interest rates.
BNP Paribas Investment Buys Peso, Rupiah, High-Yielding Asian Dollar Bonds
BNP Paribas Investment Partners, a unit of France’s largest lender, bought the Philippine peso and the Indonesian rupiah as relatively low debt levels and high foreign-currency reserves support Asian currencies.
BNP Paribas Investment Buys Philippine Peso, Rupiah
BNP Paribas Investment Partners, a unit of France’s largest lender, bought the Philippine peso and the Indonesian rupiah as relatively low debt levels and high foreign-currency reserves support Asian currencies.
Green Investment Strategies Are Not Just for Boutiques Anymore
A new generation of investors ponders climate change and broadens its thinking beyond traditional socially responsible investments.
Care Investment Trust Inc. Announces New York Stock Exchange's Decision to Delist Its Common Stock
NEW YORK, Oct. 22 /PRNewswire/ -- Care Investment Trust Inc. (NYSE: CRE) ("Care" or the "Company"), a real estate investment and finance company that invests in healthcare-related real estate and commercial mortgage debt, today announced that on October 21, 2010 the NYSE Regulation, Inc. Board of Directors' Committee for Review rejected the Company's appeal and affirmed the New York Stock ...
Dubai Foreign Investment Office named as MENA Director of global forum for investment promotion agencies
Dubai, 24 October, 2010: The Foreign Investment Office (FIO), an agency of the Dubai Department of Economic Development (DED), has been selected to the Steering Committee of the World Association of Investment Promotion Agencies (WAIPA) in view of the leadership role of FIO in promoting foreign direct investment (FDI) in Dubai.
Fact Sheet Reveals Mexico’s Increasing Investment in Biopharmaceutical Sector
Fact Sheet Reveals Mexico’s Increasing Investment in Biopharmaceutical Sector Global Health Progress highlights benefits of investment, including improving access to medicines and economic growth Washington, DC (PRWEB) October 22, 2010 A recent Global Health Progress fact sheet highlights how Mexico’s investment in its biopharmaceutical sector has spurred economic growth, fostered global ...
Q3 sees rise in Investment in Asia-Pacific property market
Investment volumes in the Asia-Pacific property market were up 12 per cent in the third quarter of this year, following optimistic investor sentiment, according to research by Jones Lang LaSalle's capital markets experts.
Britain is losing investment over 'red tape and taxation'
Investment in the UK could be lost overseas unless the coalition government takes action to tackle problems related to regulation, business taxation and infrastructure, the CB
UK 'faces fight for investment'
The UK is facing rising global competition for business investment, and will need to work hard to maintain its position, the CBI warns.
Concerns over ‘lost’ UK investment
Investment in the UK could be lost to overseas countries unless the Government takes action to tackle problems related to regulation, business taxation and infrastructure, a new study has warned.
Chinese investment soars in Brazil, with eye on resources
Chinese investment in Brazil is expected to reach 30 billion dollars this year, according to observers -- a sum aimed at securing access to the Latin American nation's oil and other resources.The inflow ...
Japan, India Sign Deal to Boost Trade, Investment
Japan, India sign trade, investment pact and agree to speed up talks on nuclear energy deal
Investment Technology Buys Majestic Research for $56 Million, Gasser Says
Investment Technology Group Inc. bought Majestic Research Corp. for $56 million in a bid to attract trading from clients including mutual and hedge funds, Chief Executive Officer and President Robert Gasser said.
Western Asset Investment Grade Defined Opportunity Trust Inc. as of September 30, 2010
Western Asset Investment Grade Defined Opportunity Trust Inc. announces its portfolio composition as of September 30, 2010.
Washington sees rise in 3Q venture-capital investment
The amount of venture-capital investment in Washington is up compared with last year, a positive note relative to flat national numbers...
Investment Technology to pay $53M for researcher
Investment Technology Group Inc. said Monday it will pay $53 million in cash for Majestic Research Corp., which provides equity research for institutional investors.
Investment Technology Buys Majestic for $56 Million
Investment Technology Group Inc. bought Majestic Research Corp. for $56 million in a bid to attract trading from clients including mutual and hedge funds, Chief Executive Officer and President Robert Gasser said.
Chinese investment soars in Brazil, with eye on resources
Chinese investment in Brazil is expected to reach 30 billion dollars this year, according to observers -- a sum aimed at securing access to the Latin American nation's oil and other resources.
Chinese investment soars in Brazil
Chinese investment in Brazil is expected to reach $US30 billion ($A30.5 billion) this year, according to observers -- a sum aimed at securing access to the Latin American nation's oil and other resources.The ...
Chinese investment soars in Brazil
Chinese investment in Brazil is expected to reach $US30 billion this year, according to observers.
Berkshire names new investment manager
Todd Combs from Castle Point Capital will soon join insurance-focused conglomerate after a three-year search by Chairman Warren Buffett and Vice Chairman Charlie Munger.
Finance Guy: Investment scam prevention
Consumers are becoming victims of investment scams because someone makes them a promise of high returns on their investments and guarantees little risk for participation. Find out what to look for to prevent yourselves from falling for an investment scam.
Berkshire Hathaway names Combs investment manager
Billionaire Warren Buffett renewed speculation about his successor Monday by hiring a new investment manager to handle "a significant portion" of Berkshire Hathaway Inc.'s investment portfolio.
Berkshire Hathaway names investment manager
Currently, Warren Buffett makes most of the investment decisions at Berkshire in consultation with Berkshire's vice chairman, Charlie Munger.
Chinese investment up in Brazil
Chinese investment in Brazil is expected to reach $US30 billion this year, according to observers.
Buffett Hires Combs as Investment Manager
Appointment Renews Speculation About a Successor for Buffett Who Has Said His Job May Be Split Up Into Three Parts
UBS investment bank loss sours client money turnaround
Switzerland's biggest bank UBS reported a shock investment banking loss on sluggish trading, overshadowing the fact it has stopped bleeding client money for the first time since early 2008, a key turnaround goal.
Berkshire Hathaway names Combs investment manager
Billionaire Warren Buffett renewed speculation about his successor Monday by hiring a new investment manager to handle "a significant portion" of Berkshire Hathaway Inc.'s investment portfolio.
UBS Slides on Worries Over Investment Banking
The loss in the Swiss bank’s investment banking division overshadowed an overall profit of $1.7 billion.
Why ETFs All Want This Hot Investment
In many previously unexplored sectors of the financial markets, exchange-traded funds have been responsible for creating a stir throughout the investment community. But for one particular investment, so many companies tried to offer a related ETF that they ended up tripping over each other.
Todd Combs: Buffett¢s Next Strategic Investment
Warren Buffett's hiring of a relatively unknown hedge fund manager, Todd Combs, to help oversee Berkshire Hathaway's overall portfolio came as a surprise to many. In the past month, speculation ran high as to who would take the top job as next investment chief at Berkshire.
Deutsche Bank Beats Estimates on Investment Banking
Deutsche Bank AG, Germany’s biggest bank, reported third-quarter results that beat estimates after the investment banking unit posted higher profit.
Investment surges 6.1 per cent
The government's compromise on the mining tax helped drive a $44 billion surge in the nation's investment pipeline during the latest quarter.
Investment surges 6.1 per cent
THE government's compromise on the mining tax helped drive a $44 billion surge in the nation's investment pipeline during the latest quarter, new figures show.
MarketWatch First Take: Investment boom is fading
The boom in business investment is slowing, suggesting that manufacturing won’t lead the economy forward from here, writes Rex Nutting.
Investment surges 6.1 per cent
THE government's compromise on the mining tax helped drive a $44 billion surge in the nation's investment pipeline during the latest quarter, new figures show.
Asia Day Ahead: Deutsche Bank Investment Banker Pay Exceeds Goldman Sachs
The following are the top Asia stories for the day.
Art investment
Russia's growing contemporary art market attracts attention
An Investment Firm Bets Big on Boutiques
Affiliated Managers Group is making smart acquisitions and pulling in assets.
World Bank helps Africa attract foreign investment
The Investment Climate Advisory Services of the World Bank Group (WBG) and Prolnvest are helping 12 countries in Eastern and Southern Africa attracts foreign investment by training investments officials.
Investment Technology 3Q More Than Halves on Fewer Trades
Investment Technology Group said its third-quarter profit fell victim to lower non-US sales.
MetLife posts 3Q profit on investment gains
MetLife Inc. said Thursday that easing investment losses helped push its third-quarter results into the black. The performance nevertheless missed Wall Street expectations, as the New York-based life insurer raised capital for its $15.5 billion purchase of American Life Insurance Co., or Alico.
Investment adviser owes $730,000
Dante DeMiro, the Southfield-based investment adviser accused of orchestrating a $10 million Ponzi scheme, owes almost $730,000 in delinquent state and federal taxes, according to public records.
Investment partnership to assist Irish companies expand into US
ENTERPRISE EQUITY and Silicon Valley-based Irish Technology Capital (ITC) have formed a partnership to raise a $100-million (€72 million) venture capital firm that will accelerate the expansion of Irish firms into the US.
Investment bankers are back
Stodgy retail bankers are out, and the gung-ho investment bankers who drove markets off a cliff are back in charge
China's Power Investment May Fall `Slightly' This Year to $99 Billion
China’s investment in power plants and grids may fall “slightly” to 660 billion yuan ($99 billion) this year compared with 2009, the China Electricity Council said.