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Old Mutual's wealth arm buys UK's Quilter Cheviot
LONDON (Reuters) - Financial services group Old Mutual`s wealth arm said on Friday it would buy money manager Quilter Cheviot from European private equity house Bridgepoint, strengthening its focus on richer customers. The 585 million pound ($941 million) purchase brings Old Mutual Wealth`s assets under management to 92 billion pounds ($148 bil...
Iraqi Dinar: Can Comparables Guide Investment?
Analysts debate  whether the Iraqi Dinar (IQD) is a good investment  and about the factors which can change the currency`s fortunes. Those who see the dinar ( IQD ) as a good investment compare it to the  Kuwaiti dinar , the  Vietnamese dong , and the  Egyptian pound (and even European currencies in the post-World War II era) to convince common ...
Deflation stalks Europe's periphery as inflation hits five-year low
BRUSSELS (Reuters) - Deflation hit five peripheral euro zone countries in September as inflation slipped to its lowest for five years and exports faltered, data on Thursday showed, offering little hope that the bloc will avoid its third recession in six years. While consumer inflation at 0.3 percent was unchanged from Eurostat`s Sept. 30 estima...
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