On Monday, Sydney Airport Holdings Pty Ltd said it has rejected an improved bid worth $16.81 billion (A$22.80 billion) from a group of infrastructure investors since it felt it was undervalued; it went on to add, it was open to… Read More ›
higher yields
JPMorgan Chase & Co’s asset and wealth-management arm to raise $1 billion towards a mezzanine fund
According to a report from Bloomberg citing sources familiar with the matter at hand, JPMorgan Chase & Co’s asset- and wealth-management arm is raising monies for a mezzanine fund. The report states, JPMorgan Chase & Co’s asset- and wealth-management arm… Read More ›
Nippon Life Insurance – looking to diversify its revenue streams
Nippon Life Insurance’s move is in line with the insurance industry’s efforts to divert funds into foreign corporate bonds and alternative investments, however the rise of interest rates in the U.S. is likely to pose a challenge to its strategy… Read More ›