Research
Morningstar data shows outflows of $2.08 billion in December from DoubleLine's flagship fund
The outflows of Jeffrey Gundlach's DoubleLine flagship fund in December last year amounted to $2.08 billion, according to research firm Morningstar's data, marking the seventh month in a row that investors have withdrawn money from the fund.
"Quiet" Mistry sees $2.8 billion wealth swell due to TCS rally
Pallonji Shapoorji Mistry was said to have earned $2.8 billion last year because of its holdings in Tata Consultancy Services Ltd and significant earnings in his construction group, Shapoorji Pallonji Group.
Indonesia plans new oil infrastructure to augment dropping production levels
Plans to improve oil production facilities in Indonesia are underway to meet rising local consumption of oil and in effect, increasing drilling-related expenses reimbursed by the national government
FT report says optimistic outlook in store for African private equity industry in 2014
The African private equity industry in Africa may be young and subject to various shortcomings but political stability, infrastructure growth and increasing consumer activity has given it a more positive outlook for this year, the Financial Times reported.