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FRIDAY TICKER: OCTOBER 31TH 2014: - The re-election of President Dilma Rousseff on Sunday has important implications for Brazil's Baa2 sovereign rating, as well as for the credit quality of the country's banks, corporations and securitisations, says Moody's. The rating agency says the narrow margin of her victory underscores the challenges she faces as she looks to revive Brazil's lacklustre economic performance - Facebook has reported third quarter results, again showing strongest year-on-year growth in mobile, where daily active users (DAUS) rose by 39% to 703 million, while overall daily users rose 19% to 864 million DAUS - Francisco Partners, a global technology-focused private equity firm, today announced it has completed the acquisition of Vendavo, Inc., a leader in business-to-business (B2B) pricing solutions. David Mitchell, an operating partner of Francisco Partners, will join Vendavo as CEO and lead the company’s worldwide business strategy and operations. Incumbent CEO Neil Lustig will transition into an advisory role with Vendavo. Francisco Partners now has a controlling stake in the Silicon Valley company. The acquisition by Francisco Partners provides additional resources to bolster Vendavo’s aggressive growth strategy, enabling the company to expand sales and marketing while accelerating cloud development. Vendavo completed a record first half of 2014, with nearly 30-percent growth in bookings, and the release of two breakthrough solutions for price and sales effectiveness. Based in Mountain View, Calif., Vendavo provides revenue and price optimisation solutions for B2B mid-market and enterprise companies.Francisco Partners was advised by JMP Securities, and Vendavo was advised by William Blair. Financial terms of the transaction were not disclosed – The International Finance Corporation, or IFC, issued the four-year, triple-A rated bond only to Japanese retail investors, tapping into the growing interest in low-risk investments with a social or environmental focus. The World Bank, has sold several billion dollars in green bonds over the past six years, with proceeds going to help countries and firms cut greenhouse gas emissions and adapt to climate change. The latest offering, Inclusive Business bonds, would finance firms that work with or sell to the 4.5bn people in the world that make less than $8 a day. IFC said while most poor people do not spend a lot individually, as a whole they represent an estimated $5trn consumer market that firms could tap into - NAKA Mobile, a telecoms and technology specialist based in Switzerland, has claimed the industry’s first virtualised evolved packet core (vEPC). Utilising Cisco’s NFV services, NAKA claims it will transform its network architecture, expand beyond Switzerland, and provide its mobile Internet services to customers across the world - The Internet Society and Alcatel-Lucent have agreed to provide support and equipment for the development of the Bangkok Internet Exchange Point (BKNIX). The project will utilise the Internet Society’s Interconnection and Traffic Exchange (ITE) programme and is intended to deliver a stronger and more robust Internet infrastructure for South East Asia.

iShares EMEA reports strong 2011 asset growth

Monday, 09 January 2012
iShares EMEA reports strong 2011 asset growth iShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc, says its EMEA business generated strong growth in 2011 despite challenging macroeconomic conditions.iShares exceeded $18bn of net new assets in EMEA during 2011, an increase of 43% from 2010 net new assets of $12.6bn. iShares total assets under management (AUM) in the region increased 4% to $105.9bn as at the end of December 2011. http://www.ftseglobalmarkets.com/

iShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc, says its EMEA business generated strong growth in 2011 despite challenging macroeconomic conditions.iShares exceeded $18bn of net new assets in EMEA during 2011, an increase of 43% from 2010 net new assets of $12.6bn. iShares total assets under management (AUM) in the region increased 4% to $105.9bn as at the end of December 2011.

iShares also says it captured over 70% of all flows into ETFs in EMEA in 2011, and maintained its position as the market leader in assets. There was particular interest in US equity, German equity and corporate bond funds. According to Joe Linari, head of iShares EMEA, notes: "As more investors return to the market and reposition portfolios in 2012, we believe ETFs will attract significant new interest and we are upbeat on the prospects for continued industry growth. Investors increasingly recognise the value of ETFs as transparent, liquid and highly regulated vehicles through which they can execute strategies and build up longer-term allocations."

He adds: "The product pipeline for 2012 is strong, and we see opportunities for further expanding our fixed income range with new exposures that meet demand for return and yield oriented products.”

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