Investment returns in Czech pension funds were the lowest in history, Global Money Management letter reports citing Hospodarske Noviny Daily. Also, PI

Citadel Investment Group allegedly has bought back $200 million dollars of its debt on the secondary markets at well below par. Also, University endow

General Investment Management. Meanwhile, the financial services sector fears that finance for investment purposes will become more expensive over th

Jimmy Cayne, former Bear Stearns CEO, sold his entire stake in the investment bank for about $61 million, The Financial Times reports. Also, JBIC sign

Merzbach Group is fundraising for its latest HF, which aims to provide capital and services to projects creating carbon assets, FINalternatives report

The SEC has proposed a new rule aimed at curbing naked short-sale abuses. Also, a new venture capital fund that will seed consumer media companies is

Efforts by Carlyle Capital Corporation to save itself have failed, as the mortgage-bond fund managed by The Carlyle Group could not reach an agreement

Butlers Plc may sell a stake to PE firms and use the money to buy chains managed by larger rival Punch Taverns, reports Bloomberg News. Also, Korean

As trading surges to a record and prices grow more unstable than at any time since the Great Depression, mutual funds are selling stocks and hoarding

Investment bank Cowen Group Inc. said Kim Fennebresque is retiring as chief executive, effective immediately. Also, Deutsche Bank named David Conroy M

BNY Mellon has been selected to provide a range of exchange-traded fund services and custody services for the first three RevenueShares ETFs, reports

HFs and banks have helped boost freight derivative volumes by 150 percent over the past year. Also, in what is believed to be the first of its kind, N

M International Power has retained JPMorgan to explore the sale of the Termovalle power project in Colombia. Meanwhile, Citic Securities has dropped i

Thanks to the decision by Tone Grant, former president of Refco, to stand trial rather than plead guilty, the world is getting a peek at the scheming

New York-based Elliott Management is making a federal case over what it alleges is corporate hanky-panky involving a local competitor, Cedar Hill Capi

Lehman Brothers is laying off 5% of its work force because of difficult market conditions. Also, Goldman Sachs promoted Tim Ingrassia to fill a new po

The Blackstone Group's 4Q report is bleak, with prospects for the future not looking any brighter. Also, maybe they haven't made their mark yet on the

Bear Stearns is likely to see a lot more of the inside of the federal district court in Manhattan these days, reports HFD. Meanwhile, the "it" man of

Sonae Sierra has launched its second shopping center investment fund with a total equity of 300 million euros, according to Europe Real Estate. Also,

The TriZetto Group, has entered into a definitive agreement to be acquired and taken private by funds advised by Apax Partners. Meanwhile, Turkcell I