34 articles found within the last year.
Displaying results 1 - 20
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Armageddon averted – at 3.30pm tomorrow
The time to get back into the equity ... Taking his cue from charts of share price ... He said investors should be ready to reinvest ... Griffiths, a portfolio manager at Cazenove Capital Management, ... The FTSE 100 fell 8.85% to 3932 on ... Griffiths is unwilling to forecast price movements beyond...
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Second billionaire forced to sell after margin call
A second east European billionaire businessman has been ... Ukrainian billionaire Konstantin Zhevago has been forced to ... Like Russia’s richest man Oleg Deripaska, who handed ... Ferrexpo shares have lost 74% of their value ... Zhevago, whose wealth is estimate at $3.4bn, according...
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HSBC only British bank left in world top 30
Only one UK bank is ranked inside the ... HSBC is the last UK bank left inside ... HSBC is ranked third in the world with ... Shares in many UK banks collapsed this morning, ... Barclays is the second most valuable UK bank, ... Responding to a question at the Merrill Lynch ... In a statement to the stock exchange, RBS...
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Russia’s richest man feeling the pressure after BNP Paribas margin call
Russia’s richest man, Oleg Deripaska, has been forced ... Deripaska has handed a 20% stake in Canada’s ... Moscow-based analysts at UniCredit said the decision of ... They wrote: “Apparently, Deripaska chose not to use ... Separately, the analysts also said that metals and...
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Russian IPO slump worsens
The slump in Russia's equity capital markets deepened ... So far this year, there have been only ... The scale of the market setback has been ... The situation was worse than for Europe in ... The only Russian float in the third quarter ... The news that the US Senate had approved...
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Crisis worries investors in money market funds
Around $42bn (€29bn) flooded out of global money ... The rush for the exit followed net inflows ... The US Treasury responded to the redemptions on ... The surge in outflows was in response to ... Investors had previously considered that their principal investments ... In the UK, AIG’s £5.8bn (€7.4bn) premier bond...
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Ethical stocks outperform European blue chips
An index of ethical stocks has beaten the ... The FTSE4Good range was created to track the ... Mark Robertson, communications and development manager at Eiris, ... Since the start of 2000, the amount invested ... Robertson said although it was not a hard-and-fast...
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Russian equity collapse causes market suspension
Russia's two main stock exchanges were was forced ... The RTS Index closed an hour early yesterday ... Russia's other exchange also suspended trading after the ... The steep fall in RTS follows the already ... While the collapse of the US bank on ... RTS's falls this past week has followed previous...
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Noble launches Indian mid-cap research
Boutique investment bank Noble Group will for the ... Noble outlined its intentions to develop its coverage ... Noble, which has 24 analysts based in Mumbai, ... Over the past four or five years, foreign ... He added that foreign investment has been limited ... "The lack of information about Indian mid-sized companies...
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VTB hires UBS Moscow-based sales head
The investment banking arm of state-owned Russian financial ... Nikolai Medvedev, head of international sales at UBS, ... Medvedev started his career at Moscow-based broker Brunswick, ... He is the second senior Moscow-based banker VTB ... VTB also said it had hired James Corrigan...
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Aftermarket performance of IPOs slumps to three-year low
The performance of new shares issued via European ... New listings in the second quarter performed the ... The average return after one day of trading ... Returns after one month of trading were not ... This is based on 33 deals so far ... The performance has been so bad it has...
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Ukraine becomes 'China of eastern Europe' after market falls
Ukraine's equity market has become one of the ... Ukrainian’s leading PFTS index yesterday suffered a continued ... This has taken the market's total year to ... Some of the worst hit stocks have been ... The decline comes as Russian equity valuations have ... However, the sharp selloff in Ukrainian equities has...
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Macro-economic gloom dampens investor spirits
European investors have become more pessimistic about the ... According to the State Street Investor Confidence Index, ... The global index, which has swung erratically this ... The index, which was created by State Street ... The fall in the index comes in the ... Andrew Capon, vice president at State Street, said...
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European selloff ends as buyers return
Fund flows into European equities have turned positive ... According to UBS analysis of clients' trading, institutional ... UBS said that the net selling seen in ... The analysis was made from the Swiss bank's ... Broken down by sector, UBS found that energy ... Consumer staples and financial sector stocks have seen...
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UBS predicted to report further €3.4bn hit
Credit Suisse analysts have predicted that Swiss rival ... In a pre-results research note, Credit Suisse analysts ... They said that fixed income revenues could be ... Overall investment banking revenues are expected to decline ... The analysts predicted that UBS should write down...
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FSA plans clampdown despite no evidence of HBOS manipulation
The UK's Financial Services Authority said today it ... On the afternoon of March 19, the FSA ... These rumours focused on a British bank that ... Market commentators speculated that the fall in HBOS's ... The FSA said today that its investigation of ... The regulator said that the rumours were circulated...
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Morgan Stanley raises outlook for European banks
Morgan Stanley has upgraded its industry view on ... "We no longer have the same degree of ... They emphasised they remain "bearish on many fundamentals" ... However, "valuations are already back to early 90s ... Second quarter results look "OK so far," the...
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Asset manager confidence falls to near-record low
Asset managers’ appetite for risk has hit a ... The bank's poll of fund managers found risk ... Confidence in companies' earnings forecasts has fallen, with ... A third of fund managers in Europe are ... The popularity in healthcare stocks comes as investors ... Fund managers have continued their flight from European...
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Russia's largest float in jeopardy
Five banks faced the prospect of losing one ... Although Kazakhmys confirmed in a statement that it ... Its statement today said that it is "not ... This could be interpreted purely as a technical ... However, Marat Gabitov, an analyst at UniCredit Aton, ... Metalloinvest had been expected to proceed with a...
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Emerging markets lose lustre as returns turn negative
Emerging markets, the great hope for the investment ... A turnround in returns from hedge funds that ... The 94 emerging markets hedge funds calculated by ... Kenneth Heinz, Hedge Fund Research president, said the ... However, investors’ decision not to invest more recently...
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