- India's Edelweiss AM says repo rate may hit 6.75% on inflation woesWorld ·
October 6, 2022 · 9:52 AM UTC The Reserve Bank of India may have to hike the repo rate to as much as 6.75% as inflation remains a threat, lingering above the central bank's target range for the remainder of the year, the head of fixed income at Edelweiss Asset Management said on Thursday.
- BusinessAustralia's Magellan says $1 bln outflow due to client liquidity issue
Australian fund manager Magellan Financial Group said a big client had redeemed about $1 billion in September to satisfy liquidity requirements as markets reeled late in the month, sending Magellan shares on a nosedive to a nearly nine-year low.
- BusinessPrivate equity firm Antin raises more than 5 bln euros for latest flagship fund
Private equity company Antin said on Thursday it had raised more than 5 billion euros ($5 billion) for Flagship Fund V, which aims to invest in the energy, telecom, transport and social infrastructure sectors.
- BusinessDealmakers contacted investor Och to gauge interest in M&A deal for Sculptor -letter
Billionaire investor Daniel Och, who helped found Sculptor Capital Management, said dealmakers have reached out to gauge interest in a potential strategic transaction that would include replacing management, according to a letter sent on Tuesday.