Industry
Northstar plans Middle East and Africa expansion
Bermuda-based Northstar Financial Services has announced plans to begin operating in the Middle East and Africa from a new office in Dubai.
Three buys for Legg Mason as costs rise
Baltimore-headquartered Legg Mason Global Asset Management announced Friday that it has acquired majority stakes in EnTrust Capital and Clarion Partners and a minority stake in Precidian Investments, as it seeks to diversify its offering in the face of rising costs.
Alternatives | 22 Jan 16
Biotech exposure with dividends not necessarily incompatible
Shares with high dividend yields are usually found in the more defensive sectors of the stock market that have little upside potential. But according to one Swiss-based fund manager there is also biotech.
Investors lose twice as recovery room scams shut down
A number of investors in the UK have lost out twice after six companies were shut down by the High Court for scamming more than £350,000 ($496,000, €456,000) after promising to help them recover investment losses.
Middle East | 22 Jan 16
Invesco’s Tolchard heads EMEA Fixed Income after reshuffle
Invesco’s well respected Middle East chief, Nick Tolchard, has moved to a new role as head of EMEA for Invesco Fixed Income (IFI), where he will lead the team charged with developing the distribution of the investment manager’s fixed-income products across Europe, the Middle East and Africa.