TPG Capital has bought a large minority stake in Danish online trading platform Saxo Bank, in a $560m deal that marked the US buy-out group’s first foray into the western European financial services sector.
Eurozone finance ministers and officials met on Monday to discuss the options for solving Greece's debt crisis. Following is the text of their statement in full.
Reductions in equity exposure to continue (Fund News)
UK pension funds will continue to reduce their allocation to equities as they cut back on risk taking, according to a study by Pension Corporation and Engaged Investor magazine published on July 03, 2011.