The retail debt asset base of Reliance Mutual Fund grew 1.5 times its retail asset base between 2012 and 2013.
Firm Management
Royal Mail high demand signals return of retail investors
The recent privatization of Royal Mail creates an 'equity culture' in the UK. The strong demand for Royal Mail shares could become the watershed moment where retail investors return to share sales.
Investec welcomes Alexandre Ness
Former Deutsche Bank corporate finance executive Alexandre Ness joins Investec Specialist Bank. Investec Specialist Bank announced today the appointment of Alexandre Ness to its corporate lending business unit.
Deutsche Bank's Dixon to leave bank
Deutsche Bank trader Troy Dixon was said to leave the bank and start his own hedge fund, according to sources who asked not to be identified as the matter was held private in nature.
Knight Capital agrees to settle 2012 errors with USD12 million
Knight Capital Americas LLC had agreed to pay USD12 million with US Securities and Exchange Commission for an erroneous trading incurred last August 2012 which brought the company to the brink of bankruptcy.
Latest News
DBS Group Holdings had welcomed former Royal Bank of Scotland Group banker Rogerio Bernardo as its newest addition to its Singapore-based bond syndicate team.
Luiz Carneiro was fired as chief executive of his OGX Petroleo e Gas Participacoes SA by Eike Batista, whose commodity group owned the oil and gas company.
UK newspaper The Guardian had confirmed the departure of American journalist Glenn Greenwald, who is rumored to be joining a new media venture backed by eBay founder Pierre Omidyar.
Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA. Telefonica SA is hard pressed to extract a higher premium for its Czech unit.
Goldman Sachs, as well as a number of hedge funds or investment firms, is subject of a review by Korean regulators for compliance with local laws.
To address wrongdoing in the 'London Whale' scandal, JP Morgan enters into a settlement agreement with the CFTC.
Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.
In its amended IPO filing, Twitter would be listed with the NYSE and also reported increased revenues and user base despite mounting losses.
The Aluminum Corporation of China Ltd or Chalco had announced the sale of its shareholdings in the Guinea venture with Rio Tinto.
