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Asset Management News

Credit Suisse invests $164m in India unitTuesday, January 6, 2009 @ 1:28PMCredit Suisse Group has injected more funds into its Indian non-banking financial unit that would help scale up its business operations.

T. Rowe Price Launches Strategic Income FundTuesday, January 6, 2009 @ 1:25PM income investing

NAVs of India-centric realty funds fall over 90% on AIMTuesday, January 6, 2009 @ 1:20PMEven as investors raise issues about management moves of London’s Alternative Investment Market (AIM)-listed realty funds, net asset values (NAVs) of such India-focussed realty entities have fallen as much as 90 per cent in the last one year.

Wall Street up as tech strength offsets weak dataTuesday, January 6, 2009 @ 1:07PM Gains in the tech sector lifted U.S. stocks on Tuesday, offsetting another batch of weak data showing slumping factory orders and dismal pending home sales.

Treasury says TARP costs $26.55 million through JanuaryTuesday, January 6, 2009 @ 12:44PMHow much does it cost to spend $350 billion? The U.S. Treasury said on Tuesday its administrative bill for the Troubled Asset Relief Program is expected to total $26.55 million through the end of January, mostly to pay for services such as accounting and custodial contracts.

(AFX UK Focus) 2009-01-06 12:13 Glance-STOCKS NEWS EUROPE-Spiritel jumps after contract winTuesday, January 6, 2009 @ 6:34AMSTOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News

Staying Healthy In A Tough EconomyTuesday, January 6, 2009 @ 6:16AMWith the economy in a state of decline, it is difficult for many Americans to afford health care. Visits to doctors are down 10 percent to 15 percent and many individuals are not taking their medicines as prescribed. However, there are certain measures that can be taken to lessen the burden while facing tough economic times.

CCT aborts Market Street Car Park redevelopment plansTuesday, January 6, 2009 @ 6:07AMSINGAPORE: CapitaCommercial Trust (CCT) has decided not to redevelop the Market Street Car Park into a commercial building. The redevelopment is estimated to cost up to S$1.5 billion.

DFSA sanctions former GFS Investments Compliance OfficerTuesday, January 6, 2009 @ 6:02AMThe Dubai Financial Services Authority (DFSA) today announced that it has accepted an Enforceable Undertaking given by Roberto Da Silva (DA SILVA), the former Compliance Reporting Officer of GFS Investments (Middle East) Limited (GFS Investments).