At the height of the Cyprus bailout drama, investors sought safety in bonds for the meantime. According to monthly poll conducted by Reuters of asset managers, global investors grew ever more cautious this month.
Regions
South Africa, Small But Terrible
South Africa with its diminutive size has more bang for the buck. Since South Africa's inclusion into the BRIC grouping of major emerging countries, there has been a deafening silence in its ascenscion from the global invesment community.
Pension Funds Zealousness May Be Its Own Undoing
Pension funds, seeking returns for their holders, enter into riskier ventures that can make or break them.
Hedge Funds Bounce Commodities to One Month High
Reuters, using data from the Commodity Futures Trading Commision, showed funds holding positions for the long term on commodities.
Gold Values Decreasing
Reuters has reported that gold backed exchange traded products have declined in the past few months.
Latest News
The Chesapeake Energy Board picks COO Dixon as interim CEO. Chesapeake Energy Corp chose COO Steve Dixon to become its acting CEO after co-founder Aubrey K.
Through a proxy statement, Silver Lake and Michael Dell extolled the virtues of their bid as against the offers of Icahn and Blackstone.
Due to internal issues and weak market conditions, Toys R Us withdrew its IPO proposal. Toys R Us Inc formally withdrew its initial public offering proposal last Friday.
Glass Lewis, the second largest proxy firm in T-Mobile, has voiced its opposition to the standing merger with MetroPCS.
For failing to account for minority stockholder's interests, A1 is filing a suit against the Tele2 board for accepting a lower offer than what they tabled for the company.
NEC Corp. says it is planning to sell its its troubled mobile phone unit to personal computer venture partner Lenovo Group Ltd.as it continues to faces challenge from larger firms Samsung Electronics Co. Ltd. and Apple Inc.
Gibson Guitar, a producer of electric guitars, says it was purchasing majority share in Japan's TEAC Corp. for 4.88 billion yen.
Turkish airline Pegasus Airlines will be launching an IPO of a third of its shares, with most of its stake to be allocated to foreign investors.
Amazon.com Inc., world's biggest online retailer, is making a deal to buy Goodreads, a book recommendations site, as it starts into bookselling.
