| 08.12.2011 Opalesque Exclusive: RIT Capital’s assets down by 9.5%, remains cautious on Sterling and Euro, explores opportunities in distressed assets |
| From Komfie Manalo, Opalesque Asia: Lord Rothschild’s London-listed RIT Capital Partners’ assets fell by £190.1m ($296.7m) since March as at end September 30, 2011, from £1.984bn ($3.09bn) to £1.794bn ($2.8bn) because of the lingering European sovereign debt issue. Lord Rothschild, chairman of the firm, described Europe as the "lead violinist in a discordant band." In the firm’s half |