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Global Expansion

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  • Global fund managers face multi-asset skills shortage

    LONDON (Reuters) - Global fund management firms are struggling with a skills shortage as the industry moves towards multi-asset investing in an attempt to improve returns, a study showed on Monday.
  • Credit Suisse's Verde hedge fund betting on a Brazilian rate cut

    SAO PAULO (Reuters) - Money managers at Credit Suisse Group AG's CSHG Verde FIC FIM, the biggest Brazilian hedge fund, are betting the nation's central bank will soon begin to cut interest rates to revive a flagging economy. Verde stands by its bet...

    Weber Grill maker expanding in Huntley

    Weber Grill maker expanding in Huntley
    The Northwest Herald is reporting: Weber-Stephen Products on Friday broke ground on its new global distribution center in Huntley. The facility will add 120 jobs and consolidate distribution operations from four other states. Get the full story at...

    CME, Thomson Reuters win battle to replace century-old silver benchmark

    CME, Thomson Reuters win battle to replace century-old silver benchmark
    LONDON (Reuters) - CME Group and Thomson Reuters will operate an electronic silver benchmark when the 117-year-old "fix" is disbanded in August, in a move widely seen preceding sweeping reforms of precious metals price-setting. The London Bullion...

    With Alstom deal settled, focus on GE turns to margins, orders

    NEW YORK (Reuters) - General Electric Co's second-quarter earnings report next Friday comes soon after it prevailed in a two-month fight to acquire the power assets of France's Alstom . Yet the $16.9 billion transaction, the U.S. conglomerate's biggest-...