Counterpoint Asian Macro Fund is a new macro fund established through a venture between former HSBC Holdings Plc economist Geoff Barker and City Financial Investment Co.
Sectors
Banco de Bogota to issue stock to fund acquisitions
Colombia's second-largest bank, Banco de Bogota, will issue up to 1.3 billion pesos ($677 million) in stock on Wednesday to raise cash to pay for BBVA Panama, which it announced it was buying in July, it said on Wednesday.
Fed officials felt taper may happen at next few meetings-minutes
Federal Reserve officials felt they could decide to start scaling back the U.S. central bank's massive asset purchase program at one of its next few meetings, provided this was warranted by economic growth, minutes of the Fed's October policy meeting showed.
Telecom Italia aims to sell Italy, Brazil towers next year
Telecom Italia expects to conclude the sale and lease back of its mobile towers in Italy and Brazil next year, its chief executive said on Wednesday, along with a separate sale of some digital broadcasting assets.
US Bancorp subsidiary purchases Quintillon to expand its alternative investment business in Europe
The consolidation of US Bancorp Fund Services and Quintillion Limited would allow the former to expand its operations in Europe via its new strategic headquarters in Dublin.
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Three unnamed sources told Bloomberg that Deutsche Telekom AG was approaching to close the sale of its digital-classifieds business Scout24 Holding to Hellman & Friedman LLC for EUR2 billion or USD2.7 billion, including debt.
Roark Capital emerged victorious over rival bidders TriArtisan Capital Partners and Pamplona Capital Management to acquire restaurant group CKE Inc, which is the parent company of fast food chains Hardees and Carl's Jr.
The real estate loan portfolio GE Capital Real Estate acquired from Deutsche Postbank contained commercial property loans that had been backed against prime real estate located in central London, France and Germany.
The potential sale of the indices platform of Barclays, which includes the Barclays US Aggregate Bond Index, came at the heels of an approach by MSCI, an equity index provider, to acquire the index business.
Prior to meeting with UK's Members of the Parliament regarding claims that Royal Mail's shares in its initial public offering were undervalued, UBS issued a note to investors saying that they need to divest their shares in the postal service.
Sources told Bloomberg that the planned stock sale of India's top two mobile phone operator had postponed its original target completion this month, and was pushing for a stock sale next year.
An article on Bloomberg provided its observations on how the stock rally had influenced the increasing number of initial public offerings on the Japan bourse starting this year.
GDI Property Group Ltd. would be raising AUD310 million (USD292 million) in an initial public offering slated in December. The deal is expected to be the biggest real estate IPO in Australia this year.
Taiwan-based Largan Precision Co has taken Samsung Electronics Co to court for patent infringement regarding its camera lens. The South Korean company allegedly used the Largan's patented lens its Galaxy Note and S series smartphones.
