United Kingdom
Copper interest in LME declining as evident in Rio Tinto report
Major mining operation disruptions this year in the British-Australian mining company Rio Tinto had reduced investor interest in copper on the London Stock Exchange.
Previ to utilize fund managers to diversify asset base
According to Previ CIO, the goal of the investments is not diversification and not returns. The largest pension fund in Latin America, Banco do Brasil SA, would be investing in US and European stocks.
KKR approves acquisition of Avoca Capital
New York-based private equity company KKR agreed to buy Avoca Capital for an undisclosed amount. Private equity firm KKR & Co has approved the deal to purchase Avoca Capital.
BBC revamps Worldwide offerings Earth and First, will introduce new one in coming months
BBC Wordlwide would reintroduce its BBC Earth and BBC First offerings starting 2014. Today, The British Broadcasting Corporation (BBC) Worldwide had disclosed its plans to relaunch some of its existing offerings.