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.
Articles by Marc Castro
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Gold prices surge as many investors opt for the metal in light of the Cyprus meltdown. Gold values expected to increase in the next quarter because of the current Cyprus crisis.
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.
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.
India eases its restrictions on foreign institutional investors or FIIs for bonds issues in the country.
Top executives of successful companies have their lives in the hands of their public, like Murdoch of News Corp and Hamm of Continental Resources.
More equity dealmakers criticize judges and their activities. In its annual M&A Jamboree in New Orleans held this week, dealmakers delivered its verdict on judges who make superfluous legal rulings to the detriment of their business.
Private equity firms are losing funding sources as investors are wising up to avoid exorbitant fees and charges.
The current lack of a majority in the Italian government is seen as a precursor to further economic issues in the long run.
Cyprus is working round the clock in drafting and discussing an amenable financial plan to avert bankruptcy.
CBS Corp, the television giant would include TV Guide Network to its fold for over US$100 million. An anonymous source has confirmed that CBS Corp would purchase a 50% stake in TV Guide Network.
The board is awaiting submissions from Blackstone and Icahn's firm as to an offer to acquire Dell Inc.
Despite offer for sale, Barclay's shares in Ziggo too expensive. Barclays was constrained to report its 14. 2% share in Zigoo, the Dutch cable company after the bank was unable to sell its shares during the stock sale it had conducted this week.
Modelo is selling off its convenience chain Extra. (Photo : Reuters)The image is a stack of Modelo beers in can in a row, who is subject to an antitrust suit by the US Justice Department.
Macoma, a biofuel company had withdrawn its IPO filing citing market conditions. Mascoma Corp, a biofuel firm backed by Vinod Khosla, withdrew its registration for its planned initial public offering.
In the wake of the 2007 mortgage crisis, a group of Singaporean investors have filed suit against Morgan Stanley for their role in the debacle.
P.Schoenfeld Asset Management LP has called for the resignation of MetroPCS CEO for irregularities and conflict of interest.
Proto Labs distinguishes itself from 3D printing, prepares for first purchase. Custom made prototype builder Proto Labs Inc is preparing to make its first acquisition in fourteen years.
Warburg Pincus opens Bausch & Lomb for IPO at the same time seeking purchaser for the company. Bausch & Lomb Holdings Inc has recently filed papers with US regulators for its initial public offering.
Esure and Greencoat performance in London bourse is portent of things to come for the market. Two companies provide the barometer for new stock offerings last Friday, as they attracted strong demand at the time when there is a clear improvement in investor confidence.
Piraeus bested rival Alpha Bank to become the manager of Cypriot lenders Bank of Cyprus and Cyprus Popular Bank.
The US, with its latest megadeals, lead the volume in mergers and acquisitions, overshadowing the bleak future of Europe and Asia.
The reported interest of Nelson Peltz in Pepsico and Mondelez caused share prices of the two food giants to increase.
Despite the clamor for more executive payroll controls, Credit Suisse decides to increase the pay of its CEO in 2012.
AXA stands to earn from purchase of its private equity subsidiary. In a statement, AXA is expecting to receive Eur 200 million or US$259. 94 million gain from the buyout of its private equity unit.
After a bitter battle, First Quantum wins shareholder support for Inmet. In a statement, First Quantum Minerals has said it has gathered enough shareholder support to be able to take over Inmet Mining.
BP, as promised, returns nearly US$8 billion to its investors through a share buy back program. British oil giant British Petroleum or BP Has announced that starting Friday, it would be conducting a buy back share program in consonance with its promise to reward shareholders after its sale of its interests in TNK-BP.
Rockwood to sell off units for an expected US$2 billion. Chemicals producer Rockwood Holdings is preparing the sale of two of its subsidiaries. The sale is expected to reach US$2 billion with the increasing recovery of the US construction sector.
Business software maker Model N share values jump by 44%. Share values of Model N increased by 44% at its trading debut with a market valuation reaching US$500 million.