A little more than one-third of private-equity investors without exposure to emerging-markets funds plan to invest in such funds within the next two years, according to a new survey conducted by Coller Capital and the Emerging Markets Private Equity Association.
The average emerging-markets-equity fund gained more than 10% in March — outpacing the returns posted by funds that invest in developed countries, according to Lipper Inc.
The president of the Swiss Bankers Association says it's time other countries stopped criticizing the Alpine nation as a haven for tax evaders.
China's premier is worried about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value.
The Swiss government says it will cooperate on cases of international tax evasion, breaking with a long-standing tradition.
Iceland’s economic meltdown, fueled by its exposure to foreign debt, could bring the country to the brink of failure, according to research from Hennessee Group.
The outlook for a quick rebound in the European economy is weak.
Mutual funds and discretionary assets that comply with Shariah, or Islamic law, fell to $65 billion at the end of the third quarter.
Confidence among global institutional investors rose this month, but was weak on the home front, according to a survey.
The European Central Bank held its key interest rate at 4%, while The Bank of England cut interest by a quarter-point.
Recent recalls of Chinese products, including poisonous pet food and toys coated in lead paint, are having little effect on red-hot Chinese stocks.