Industry
Australian analyst lambasts acquisitions as a way for companies to grow
David Errington, an analyst at Bank of America Merrill Lynch, said companies would do well if they focused on investing in their core business instead of acquiring other companies in their quest for growth, The Australian reported.
Hedge funds compel companies to pay more in takeover deals
The number of campaigns waged by activist investors to compel companies to pay more expensive prices for takeover targets has increased, the Financial Times reported.
Volcker Rule forces executives of bank-backed private equity firm to travel in search for deals
As banks shed off their private equity units to comply with the Volcker Rule, the executives of these newly-independent firms will find themselves doing more travel in their search for new investors, The Wall Street Journal reported.
Big-name mutual funds in Wall Street suffer a decline in emerging markets
Mutual funds managed by the biggest names in Wall Street like BlackRock, Brevan Howard and T. Rowe Price, are showing poor performance with the decline in the emerging markets, an analysis from Reuters said.




