Financial markets
Citigroup Inc. is expanding into the cryptocurrency market by forming a new digital assets group within its wealth management unit. The group will be led by Alex Kriete and Greg Girasole, who will be responsible for developing product capabilities, client delivery mechanisms, and thought leadership around digital assets. This move
Financial markets
The COVID-19 pandemic led to widespread economic damage, but a Credit Suisse report found that the number of millionaires worldwide increased by 5.2 million to 56.1 million in 2020. This trend was driven by recovering stock markets and soaring house prices, which helped boost the wealth of the
Financial markets
Alexandria Real Estate Equities, a leading real estate investment trust specializing in life science, agtech, and technology campuses, has closed its underwritten public offering of 7,000,000 shares of common stock at $184.00 per share. This move enables the company to raise capital and fund pending acquisitions, while
Financial markets
Charter Communications, Inc. has announced the appointment of Jeff Murphy as Senior Vice President, Corporate Finance and Development. In this role, Murphy will oversee all debt and equity capital markets strategy and execution, treasury, mergers and acquisitions, and corporate development, including equity investments and joint ventures. Murphy brings over two
Financial markets
Alfalah Investment Management Limited has announced the net asset values (NAV) for various mutual funds under its umbrella. The NAVs reflect the current market value of the funds' assets. This information is of interest to investors seeking to track their investments or considering new investment opportunities. It is essential
Financial markets
HBL Asset Management Limited has announced the latest Net Asset Values (NAVs) for its mutual fund schemes as of June 7 and 8, 2021. The announcement includes the NAVs for conventional mutual funds, Shariah Compliant mutual funds, and fund of funds. The NAVs are as follows: Key Takeaways: * HBL Money
Financial markets
Gazprom Orgenergogaz, a Russian energy company, has announced the distribution of dividends to its shareholders. The dividend payment is scheduled for 30 July 2021 for nominees and trustees registered in the shareholder register, and 20 August 2021 for other persons or entities. The record date for the dividend distribution is
Financial markets
Rostelecom, a major Russian telecommunications company, has informed the National Settlement Depository (Moscow Exchange Group) of its decision to pay cash dividends to shareholders. The dividend payment details for both preferred and ordinary shares have been specified. Shareholders registered in the shareholder register as professional securities market participants will receive
Financial markets
The net asset values (NAVs) of various mutual funds managed by ABL Asset Management Company Limited (ABL AMC) as of May 24, 2021, are provided below. These NAVs are provided to help investors make informed decisions regarding their investments. Key Takeaways: * The ABL Stock Fund's NAV stood at
Financial markets
Alfalah Investment Management Limited has released a comprehensive update on its various fund performance as of May 24, 2021, covering a range of mutual funds and pension plans offered by the company. The update provides detailed information on the Net Asset Values (NAVs) per unit, offer prices, and redemption prices
Financial markets
JLL Capital Markets has completed the sale of a five-property seniors housing portfolio in Southeast Florida, with a total value of $64 million. The portfolio, managed by Florida-based Sonata Senior Living, comprises 444 units across five properties in Delray Beach, Boynton Beach, Boca Raton, Coconut Creek, and Vero Beach. The
Financial markets
Gansu Provincial Highway Aviation Tourism Investment Group Co.,Ltd. has recently issued a RMB 1.5 bln 3-year private placement note on the interbank bond market. This issuance marks a significant milestone for the company, which was founded in 1999. The bond, with an issue code of 032100509.IB, offers
