Saturday, 21st November 2009

 

ING plans to unveil $500m MENA equities fund

ING Investment Management intends to follow through with the launch of a $500m (€393m) MENA Equities Fund, after its original rollout date in the third quarter was pushed back, according to a report in The National, an Abu Dhabi-based daily.

The fund, which will be domiciled in Luxembourg, will be accessible to corporate, institutional and high net worth individual investors globally. It will cover 20 to 40 well capitalised companies in the region.

Tags: ING Investment Management

Read the original

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Diary: Utopia for Yacht Lovers

Looking to get more from your yacht? Why not share it with others?

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347