The Abu Dhabi Investment Authority last night sold off its remaining 14 per cent stake, or 23.5m shares, in Deutsche Annington for close to €750m
The fund will target businesses dealing with "front end development, platforms, payments" and "anything with a transaction".
Hungarian lawmakers approved higher compensation to clients of bankrupt brokerage Quaestor, with banks bearing the brunt of costs in a move that risks breaching an international agreement the government signed this year.
British Prime Minister David Cameron's electoral guru, Australian Lynton Crosby, has rejected a Labour attack on his personal tax affairs as a "made up negative story"
State Street Global Advisors, the asset management arm of State Street Corporation, has launched the SPDR Morningstar Multi Asset Global Infrastructure Ucits ETF
"Time to take control of our retirement years, use the freedoms available to us, and free ourselves from the shackles of changing Government policy and the long arms of the Treasury”
Edinburgh-based boutique Aubrey Capital Management, which was founded in 2007 by a group of former First State managers, has launched a concentrated global emerging markets fund with an initial $50m of seed money.