The Lloyd's of London insurance market crashed to a first-half loss of 697 million pounds ($1 billion), weighed down by record claims from natural catastrophes including the March 11 Japanese earthquake and tsunami.
Standard Life Investments has announced that three of its top funds have been added to the pension platform of Irish Life Corporate Business, the biggest provider of employee benefit solutions in Ireland.
The Lyxor Hedge Indices are investable, asset-weighted indices, designed to offer investors straightforward access to hedge fund performance.
The pond of Irish fund managers is small and getting increasingly smaller, so the days of the Georgie Best-style leader have disappeared -- along with lengthy, liquid lunches.
Lloyds Banking Group Plc (LLOY) is considering selling a 1 billion-pound ($1.59 billion) portfolio of property loans as it seeks to repair its balance sheet, the Sunday Times reported without saying where it got the information.
Everything you always wanted to know about the future of gold stocks and much more is now answered in this 79 page monster of a report just released by Morgan Stanley, which finally joins the crowd and goes megabullish on gold stocks