Atlantis Investment Management's China Fund has grown from $18 million to $98 million and has returned 72.3% against the MSCI China Free index up 48.8% over the year since it was launched in March 2003. Yang Liu, the China fund
Mitsubishi Tokyo Financial Group (MTFG), Bank of Tokyo Mitsubishi holding company, has further reduced non performing loans (NPLs) as a proportion of total assets, from 5.34 % to 2.93 % (the industry average of the seven main banking groups in
Sun Life says sales are booming in India and China. CEO Donald Stewart told the AGM last week that individual insurance sales in India have grown by almost 200 per cent and the direct sales force has grown to 10,000
Bank of Nova Scotia is looking for insurance and pension funds acquisitions in Mexico. Its Mexican subsidiary, Scotiabank Inverlat, reckons Mexico's private pension system is ripe for investment. Founded seven years ago, it has already attracted attention from international banks,
The State Street Investor Confidence Index confirmed that investors' faith in the financial markets continues lackluster this year, declining by 0.6 points in May from April's revised reading of 92.0. Even so, April investor confidence was revised upwards by 1.2
Thank heavens for Senators Sarbanes and Oxley. Without the law they sponsored, the US economy would likely have suffered a much bigger slump over the past two years. That's because hardly a day passes without new (or old) programs and
Equinix, Inc., a leading provider of network neutral data centers and internet exchange services, said that Fortis Clearing Chicago LLC, a unit of Fortis, the European insurance and banking conglomerate, has relocated the company's data center operations to Equinix's Chicago
With US interest rates at 40 year lows and against a backdrop of recent economic data suggesting inflation is on the rise, investors might consider selling US stocks short, in anticipation of lower stock prices after the Federal Reserve all
JASDEC DVP Clearing Corporation (JDCC) has begun delivery versus payment (DVP) settlement service for non exchange transaction deliveries (NETD). According to JASDEC, the volume of DVP settlement today amounted to 82,735 transactions or for 1,087 billion yen in value. The
The head of a leading insurance broker rendered a harsh verdict on the insurance industry, calling it a business that spends more than it makes, drives underwriters and brokers to merge out of desperation rather than economic sense, and fails