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Legal & General in talks with FSA on defaults
Discussions come ahead of tests by FSA of whether UK life assurers will be able to withstand further falls in equity and bond portfolios
FT.com

Brazil Snaps Losing Streak; Chilean Peso Gains After Rate Cut
Brazilian equities got a boost Friday from both a jump in oil prices and better-than-expected earnings from the country's biggest wireless provider, and Chile's currency and stocks ended higher in t...
bignewsnetwork.com

Carlyle plans $3 bln financial assets fund-source
LONDON, Feb 13 (Reuters) - Private equity firm CarlyleGroup [CYL.UL] is aiming to raise as much as $3 billion toinvest in financial assets, of which about $1 billion hasalready been lined up, a source familiar with the situationsaid on Friday.
Reuters

Sensex ups on vote-on-account hopes
Persistent hopes of growthboosting policy announcements in the upcoming vote-on-account , lifted equity benchmarks close to 2% on Friday. With this rise, key indices have risen 3.5% during the week...
Big News Network

FOREX-US dollar gains on yen, falls against euro - Reuters
Maktoob Business (press release)FOREX-US dollar gains on yen, falls against euro4 hours agoBy Nick Olivari NEW YORK, Feb 13 (Reuters) - The US dollar climbed against the yen but fell against other major currencies on Friday as investors found ...FOREX-Dollar rises vs yen on G7 speculation ReutersFOREX-Yen, dollar fall broadly as equities rise; stg rallies ReutersFOREX-Yen, dollar fall broadly as equities rise ReutersReutersall 620 news articles
Info 5000

Emerging Markets or ``Submerging`` Markets?
Finance ministers from G7 countries, including Treasury Secretary Timothy Geithner, meet today in an effort to steer the world economy toward stability and recovery. But data from around the globe suggests the wild ride will continue.The swiftness of the global downturn makes it impossible to confidently predict the future. Investors are naturally confused: Is your money better off in the U.S., Europe, Asia? So-called developed markets or emerging markets? Emerging markets -- like China, India, Brazil, Russia and many others -- are the toughest puzzle for stock investors. There are reasonable arguments to be made that emerging markets could be the very best place to invest, and there are also good arguments they're the worst. Allan Conway, head of emerging market equities at Schroders, gave a talk yesterday on the outlook for emerging markets. He made a good case for the relative attractiveness of emerging markets. Here, according to Conway, are some of the advantages of stocks i
Businessweek.com

Component Changes Made to Dow Jones and Dow Jones STOXX Select Dividend Indexes
ZURICH, Switzerland and NEW YORK, Feb. 12, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, and STOXX Ltd., the leading provider of European equity indexes, today announ...
bignewsnetwork.com

Institutional Investor: UBS Leads ``Institutional Investor`s`` All-Europe Research Team for an Eighth Consecutive Year
NEW YORK, NY (MARKET WIRE) For an eighth year running, UBS provides the best coverage of pan-European equities, according to participants in the 2009 All-Europe Research Team survey, 'Institutional Investor's' 24th annual ranking of the region's best equity researchers.
Marketwire.com

Coller takes stake in Permira investor SVG
LONDON (Reuters) - SVG Capital Plc , a London-listed private equity fund and main investor in European buyout firm Permira , said that private equity investor Coller Capital has bought a 23.9 percent stake it.
Reuters

Platinum Equity likely to bid for GM`s Hummer unit
US private equity firm Platinum Equity may be one of the potential bidders for General Motors's Hummer sport utility vehicle unit, reported Reuters, citing Bloomberg.
Automotive Business Review

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