Higher yields is the reason why pension funds choose alternative investments

With a return of just 6.4% per year in traditional investment vehicles, a shortfall of 1.6%, many pension funds opt to invest in alternative options which promise higher returns.


Five banks to bid for Chicago area branches of Citizens Financial Group

Royal Bank of Scotland US subsidiary Citizens Financial Group is bidding out nearly 105 branches with USD6 billion in deposits and USD2.4 billion in loans.

BTG bids for JPMorgan's commodities business unit

The amount of USD3.3 billion is the price tag for the JPMorgan commodities business unit required from the bidding firms, such as Grupo BTG Pactual.

Mubi raises USD5.1 million in new investment round - filing

A regulatory filing revealed that social networking service for film enthusiasts Mubi received a new USD5.1 million investment from unnamed investors.


Latest News

Bromium's oversubscribed Series C funding round had raised USD40 million. Bromium, whose micro virtual machine technology assisted IT administrators in trapping malware, raised USD40 million in investment capital.
The shareholders of Egypt's Citadel Capital had approved the share sale for increased capitalization expected to reach EGP3.64 billion.
A Rocket Internet and iMENA Holding consortium would be marketing mobile app Easy Taxi to North Africa and the Middle East.
16 startups whose products focused from cloud services to video and imaging technologies had received USD65 million in investment from Intel Capital.
Like Facebook and Zynga before it, Twitter was able to secure a USD1 billion credit facility from its IPO bank managers.
A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.
After the collapse of the Belarussian venture, Kerimov is considering offers from other parties as to his stake in potash producer Uralkali.
According to demand, Riverstone Holdings would increase the IPO volume of Riverstone Energy. A demand from buyers for the minimum GBP670 million or USD1.
While there was an offer made for the club, Birmingham City management said that there were 'no immediate plans' to sell.
Seeing a decline in its fees and revenues in its current market, Fidelity Investments goes into ETF management, a market dominated by the Vanguard Group and BlackRock Inc.
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