02/27/2014
The BRICS bloc of emerging economies will set up its development bank with a total capital of $100 billion within five years, but member countries still haven't agreed on their share in the bank's structure
02/27/2014
FirstRand Ltd., South Africa’s second-biggest financial services company, said first-half earnings will be as much as 26 percent higher as the company added retail banking customers.
02/25/2014
The report, titled "Long-Run Investment Ambitions and Short-Run Investment Processes," finds long-term asset management challenges and increasing risk management in real estate investments.
02/24/2014
After Jim O’Neill of Goldman Sachs coined the acronym “BRIC” to refer to top emerging markets Brazil, Russia, India and China, he has now popularized “MINT” – Mexico, Indonesia, Nigeria and Turkey as a second category.
02/24/2014
Angola, Namibia and Nigeria are the fastest growing countries in Africa in terms of wealth per capita, according to a report by New World Wealth.
02/24/2014
Global assets under management (AuM) will rise to around $101.7 trillion by 2020, from a 2012 total of $63.9 trillion, says a PwC report released today. This represents a compound annual growth rate (CAGR) of nearly 6%.