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Latest Alternative Investment company news
The President of the American Chamber of Commerce (ACC) in Ukraine Jorge Zukoski in his interview with the Ukrainian Week predicted that Ukrainian agriculture, fuel and energy complex, financial services, and production of consumer goods will become the most appealing sectors of national economy for foreign investments in 2012.
Ukrainian businesses look for ways to turn the country into a platform for exporting goods and services to Europe, according to the ACC President. The agricultural se... [more]
Moody Aldrich Partners (MAP) has reached an agreement with Wilshire Funds Management, a business unit of Wilshire Associates (“Wilshire®”) to assist in the development of its open architecture hedge fund seeding platform called MAP Harvest Fund. Drawing on its thirty plus years of capital markets experience, Wilshire will assist with key aspects of the platform including investment manager and operational due diligence, risk management, separate account platform services and distribution suppor... [more]
Since the beginning of November, 62% of product changes to Moneyfacts.co.uk have been product withdrawals. While many of these products have been replaced, in the majority of cases the replacement products are offering lower returns.
Fixed rate products have been the hardest hit, with many of the top deals from last month being withdrawn. 2009 appears to be ending in a similar fashion to 2008 for savers, with many top deals being withdrawn or having rates reduced.
Savers after top rates on... [more]
Woolwich has reduced rates on some of its most popular mortgages. The new range includes a one-year tracker mortgage at 1.98% [Barclays base rate + 1.48%, 60% LTV], rate cuts on two-year fixed mortgages by ten per centage points to 3.99% and 4.09% [70% LTV], and a reduction on a three-year fixed rate by 0.4 per centage points to 4.49%.
“With more people looking for mortgages, the one year tracker mortgage is the right mortgage at the right time,” said Andy Gray, head of mortgages at Woolwich.... [more]
There is a growing consensus that the worst is over for Asia and the rest of the world, but many risks remain, said leaders at the 18th World Economic Forum on East Asia. They urged governments to formulate an exit strategy to mop up excess liquidity from stimulus programmes, avoid trade protectionism, strike a correct balance between regulation and flexibility, and use the crisis to move strongly on regional integration.
“There is a growing consensus that the worst of the crisis is over and ... [more]
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