Top 10 Most Expensive Luxury Purchases Ever
Many people for whom money is no object — billionaires — spare no expense in indulging their appetite for luxury objects.
The Iron Silk Road: Istanbul’s Marmaray Tunnel Links Europe, Asia Undersea
First phase of “pharaonic” project turns a sultan’s dream into reality.
Nouriel Roubini Warns of Bubbles in the Economic Broth
Nouriel Roubini channeled PIMCO’s Bill Gross by employing a soup metaphor to warn of economic woes to come.
Will U.K.’s Entry Into Islamic Finance Help Boost Growth?
The U.K intends to enter the world of Islamic finance with the issuance of an Islamic bond and the creation of an Islamic index.
Islamic Pension Shift May Boost Investment Opportunities
Asset management industries in Asia and the Middle East may find a surprising boost to growth in the form of Islamic pension funds.
BDCs, Maligned by Regulators, Find a Champion
Despite recent warnings, Michael Forman of Franklin Square makes a strong argument for including business development companies in a portfolio.
Dubai’s Growing Economy Faces High Debt Hurdle in 2014
Dubai has been prospering, which is remarkable, considering that it faced down default in 2009. However, there may be storm clouds on the horizon.
Australia's Economy Continues To Grow, With No Recession In Sight
The Commonwealth of Australia, which only became a country in 1901—when its six original colonies federated—has capitalized on its vast natural resources to become a prosperous place.
New Hire Roundup: Mozzocci Goes to Cantor Fitzgerald
This week in new hires, Cantor Fitzgerald Investment Advisors welcomed Theresa Mozzocci, and BondDesk announced that Howard Edelstein would add the role of CEO to his position as chairman.
New Hire Roundup: Aberdeen Adds NYC Office
This week in new hires, MFS Investment Management welcomed Philip Stewart and promoted David Bryant; Leslie Voth was named CEO at Pitcairn; and Michael Millman joined U.S. Bank’s Private Client Reserve in San Francisco.