New Indonesia Fixed-Income Fund Begun by Malaysia Firm
AmInvestment Group (AmInvest), one of the leading fund-management houses in Malaysia with 32.8 billion ringgit ($11 billion) assets under management, expanded its footprint in Indonesia on Wednesday by...
View ArticleConsumer Goods Makers, Banks Among Top Stock Picks of Indonesian Fund Managers
Investors are likely to target buying shares in consumer goods makers and banks in Indonesia’s equity market as the economy continues to grow on rising personal spending, shrugging off concerns of...
View ArticleToo Much of Everything Spurs Commodity Exodus as Price Wars Rage
Investors are bailing out of commodity funds at the fastest pace on record, and the exodus shows no signs of ending. US exchange-traded funds linked to broad baskets of raw materials saw a net outflow...
View ArticleAs Amazon Parties On, Some Large Fund Managers Take Their Leave
New York. For many years, investors have been very tolerant as Amazon.com has sacrificed profits for rapid growth in sales and as it built new businesses. That patience may finally be wearing thin. The...
View ArticlePimco Total Return Fund Loses World’s Biggest Bond Fund Title
The Pimco Total Return Fund, launched by Bill Gross, has lost its title as the world’s biggest bond mutual fund, following two years of withdrawals. On Monday, Pacific Investment Management Inc said...
View ArticleThe End of Mark Mobius’s Reign as King of Emerging-Market Stocks
For a quarter of a century the name Mark Mobius has been synonymous with investing in developing markets. A bald, energetic, New York native who often dresses in white suits, Mobius is constantly...
View ArticleBond Dealers Face Brain Drain in London as Analysts Go to Funds
They are the ideas men, pitching strategies to colleagues on London trading desks at banks from Citigroup to Morgan Stanley. Now they’re leaving in droves to join investment firms. At least 15 credit...
View ArticleNorway’s $900b Sovereign Fund Told to Reduce Coal Assets
Oslo. Norway’s $900 billion sovereign wealth fund, the world’s largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary...
View ArticleStar Money Managers Battered by Rocky Ride in Yields, Currencies
New York. Some of the biggest names in the investment world have been whipsawed by the recent rise in global yields and the strength in the euro against the dollar, with investors bracing for more...
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