Nomura Holdings is eyeing stronger revenue growth in trading, which could increase by as much as 30% over the next three years, as it makes a renewed push to grow its business serving hedge funds, its head of global markets told Reuters .A jump in revenue from buying and selling government bonds and equities this year after improving risk controls and management.
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Ontario’s pension fund for local government workers agreed to buy Allianz Capital Partners’ stake in Interise Trust, boosting its exposure to the Indian toll-road business. The deal will see Ontario Municipal Employees Retirement System raise its ownership to 34.8% from the current 21.3%. The transaction “increases Omers’ exposure to India’s economic growth.
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IPO of electric two-wheeler-maker Ather Energy has created a lot of buzz in the primary markets since its filed its DRHP with capital markets regulator SEBI. US-based investment giant Tiger Global, through its venture capital fund Internet Fund III Pte Ltd, will offload its stake in Ather Energy. The company's largest shareholder Hero Motocorp has decided to hold its stake in the company.
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