Are we heading for a new era of nationalizations?

Philippe Waechter -

The Dutch government has just shelled out $775million and is now the proud owner of close to 13% of the Air France – KLM group, reflecting its determination to get back on an equal footing with the French government in the airline group. The Dutch government felt that KLM had… Read More »

UAE Minister of Energy & Industry H.E. Suhail Al Mazrouei Wins “International Oil Diplomacy Person of the Year 2018”


The UAE Minister of Energy & Industry, H.E. Suhail Al Mazrouei, was presented with the ‘International Oil Diplomacy Person of the Year 2018’ Award in London today at the Energy Institute’s International Petroleum (IP) Week. This prestigious accolade was awarded last year to H.E. Khali Al-Falih, Saudi Arabia’s Minister of… Read More »

Appointment of new LGIM CEO


Legal & General Group plc has announced the appointment of Michelle Scrimgeour as Chief Executive Officer of Legal & General Investment Management (LGIM) and executive director of Legal & General Group, succeeding me when I retire from the company later this year. Michelle will join LGIM from Columbia Threadneedle Investments,… Read More »

Partners Capital Opens Paris Office


Partners Capital, the global outsourced investment office with $24 billion of assets under management, will open an office in Paris, adding a 7th office to its global footprint, in March 2019 Following the recent announcement of its West Coast Office, Partners Capital announces the addition of a European base to… Read More »

Permira Partners with Hana Group to support its expansion


Hana Group (“Hana” or “the Company”) has today announced that Permira, the global private equity firm, has entered into a definitive agreement whereby a company backed by the Permira funds will invest in Hana, in partnership with the founders and the management, who will substantially re-invest in the Company. The… Read More »

elseco acquires MGA Malakite and Zurich-based airlines & products portfolio from StarStone


elseco, the high-tech specialty underwriting platform, has entered into an agreement with global specialty insurer StarStone to acquire its Dubai-based MGA, Malakite Underwriting Partners Ltd., and the renewal rights to StarStone’s Zurich-based airlines & products portfolio.Under a new strategic partnership arrangement, StarStone will continue to provide underwriting capacity to Malakite… Read More »

French growth on a low momentum


The French GDP growth was 1.1% (at annual rate) during the fourth quarter of last year. The same number than during the third quarter. Social unrest has had no impact on the headline figure. Nevertheless, details show that the private sector domestic demand stalled (0.2%) during the last quarter after… Read More »