Funds News
-
Goldman Sachs Group Inc. sold its entire 3.9 percent stake in Hana Financial Group Inc. for 372 billion won ($331 million), exiting its seven-year investment in the South Korean bank holding company.
-
Taiwan’s best-performing debt fund is buying Russian, Romanian and Turkish government bonds as the European Central Bank’s injection of funds into lenders helps ward off a cash crunch.
-
Scottish Widows Investment Partnership bought shares of U.S. banks and consumer-related companies on signs the world’s largest economy will sustain its recovery as Europe struggles to contain a debt crisis.
-
STX OSV Holdings Ltd., the world’s biggest maker of oil-rig support vessels, may attract a takeover premium of more than 30 percent as buyers look to profit from the Western Hemisphere’s largest oil discovery in three decades.
Rate this Page