• NN Investment Partners and China Asset Management ink deal to develop ESG capabilities

    Dutch asset manager NN Investment Partners and China Asset Management have signed MoU to develop ESG capabilities Dutch asset manager NN Investment Partners and China Asset Management (ChinaAMC) have come together to explore product development for European and Chinese markets. The companies have signed a memorandum of understanding (MoU) to ...
  • PGIM Real Estate partners with Jaynic to develop logistics hubs in Suffolk

    US realty subsidiary, PGIM Real Estate, has partnered with Jaynic to develop two logistics hubs in Suffolk valued at £35m A US realty subsidiary has provided a £21.5 million loan facility to underpin development of two logistics hubs in Suffolk valued at £35m. PGIM Real Estate, the real estate investment ...
  • Facebook sued in the US over face-scanning tech

    Facebook has been sued in the US over its face-scanning tech, potentially costing the social network billions of dollars as compensation There seems to be more in store for the world’s leading social network as it is now being sued over face-scanning tech. The social network is already in the ...
  • Arista shares fall on concerns Microsoft may be moving some business elsewhere

    Arista shares have fallen 9 percent on concerns that Microsoft may be moving some business elsewhere The risk that smaller companies face when selling technology to the biggest providers of cloud services has come to the fore as shares of one company – Arista, have slumped 9 per cent on ...
  • Oil prices rise amid hopes U.S.-China trade tensions may ease

    Oil prices rise more than 1 per cent on indications that U.S.-China trade tensions may ease Oil prices rose more than 1 per cent amid hopes that the trade spat between the U.S. and China may ease, without causing further damage to the global economy. However, oil producers have been ...
  • Stock prices mixed as trade conflict eases

    Stock prices were mixed as trade conflict between the U.S. and China eases Asian stocks were mixed on Wednesday due to lack of triggers. While China’s factory inflation continued to be slow for the fifth month in a row, the consumer price index ended a four-year high. In Europe, after ...
  • Real estate growth in the UK slowing

    According to new RICS data, real estate growth in the UK is slowing down Real estate in some of the world’s largest financial centres is slowing down rapidly – places, which once attracted large domestic and international investments. According to new data from the Royal Institute for Chartered Surveyors (RICS), ...
  • Columbia Threadneedle Investments launches global absolute return credit strategy

    Columbia Threadneedle Investments has launched Threadneedle (Lux) Global Investment Grade Credit Opportunities Fund Columbia Threadneedle Investments has unveiled its global absolute return credit strategy termed Threadneedle (Lux) Global Investment Grade Credit Opportunities Fund. It is an active absolute return credit strategy investment primarily aimed at delivering positive cash-plus returns for ...
  • CareWorx raises $17 million from Kayne Partners

    CareWorx has raised $17 million from Kayne Partners, a growth private equity group of Kayne Anderson Capital Advisors CareWorx has raised $17 million from Kayne Partners, a growth private equity group of Kayne Anderson Capital Advisors to help senior care centres track health records. While CareWorx is an Ottawa-based firm, ...
  • London-based banks not to stall brexit moves because of transition deal alone

    London-based banks and financial firms will not stall their brexit related moves till October or later, industry officials London-based banks and financial firms have said that they cannot afford to put their brexit related moves on hold till October or later as it will be too late for them to ...