Credit Suisse Asset Management (CSAM) has launched a new investment platform – the Credit Suisse Premier Liquidity Fund. The fund offers institutional investors access to diversified deposit based returns with high levels of liquidity and is designed for corporate treasurers and other investors that desire immediate access to capital. The fund’s primary objective is preservation of capital and it aims to track seven-day deposit rates. The fund has been launched as a Luxembourg domiciled SICAV with three sub funds, with the initial opening of the euro sub fund to be followed by the US dollar and sterling sub funds in due course. The euro sub fund has been awarded an “AAAm” rating from Standard & Poor’s, the highest it accords to money market funds.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.