When compared against Pimco, Prudential rates better in terms of performance and value return. Pimco is acclaimed to be the world's biggest total return fund but many smaller funds also thrive in the market.
Industry
Argentina Institutes New Regulations for Mutual Fund Investments
Argentina has recently instituted new regulation for investments to curb capital flight and retain dollars.
SEC Chairman Proposes Regulations For Cross Border Trading
SEC Chairman Elise Walter proposes foreign regulatory guidelines for cross border trading especially with over the counter derivatives trades.
Standard Chartered Eyes Buyout of Egyptian Bank
Standard is considering to buy a bank in Egypt as it sees economic stability in the country. Standard Chartered plans to buy an Egyptian bank to benefit from the booming lending sector of the Middle East, regional head Christos Papadopoulos said.
Latin American Countries Gird for New Round of Currency Wars
Colombia, Peru, Costa Rica and Mexico are preparing its financial systems for the pressure from foreign markets on their currencies.
Latest News
Itau' Unibanco emerges as top global debt manager according to Thomson Reuters data. Brazilian banks raced ahead of its foreign competition in the management of global debt offerings from both its government and fellow companies in 2012.
The slowdown in world markets and the decline of the US Dollar value against other currencies is a recipe for problems post 2008.
Investors are pulling away from investing money in funds, instead they co-investment alongside private equity companies.
Leveraged buyouts backed by private equity involved big names since financial crises. Leveraged buyouts backed by private equity have now caught world's attention as they continue to emerge since the economic meltdown.
SS&C's FRI indicate lower than average levels but may increase due to Cyprus meltdown. According to the SS&C GlobeOp's Forward Redemption Indicator, client pullout of money from hedge funds is expected to rise further as investors grow antsy about the debt crisis in Cyprus.
JP Morgan is the top M&A adviser for deals above US$10 billion for the first quarter of 2013. After having worked on all of the biggest transactions announced since the start of 2013, JP Morgan Chase & Co is the acclaimed top firm for the first quarter.
Investors in Spain have been focusing on bond sale, saying that they are not worried over the turmoil in Cyprus.
India eases its restrictions on foreign institutional investors or FIIs for bonds issues in the country.
Several hoaxes on stocks have emerged from the social media site Twitter as investors use the site as source of stock information.
