Partners Group: Assets under management (AuM) surpassed for the first time EUR 20 billion, confirming the continued demand from  clients who committed EUR 2.1 billion (CHF 3.0 billion) to Partners Group investment programs and mandates in H1 2010, which led to an overall increase of expected new demand for investment programs and mandates of EUR 4 billion (CHF 5.0-5.5 billion) for the full year. Link: Click Here

Economy
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Former Fed VC Kohn suggests that Fed may actively need to inject further stimulus if its forecasts do not show much higher levels of employment and higher inflation, closer to 2%. In a telephone interview conducted with the New York Times, Don Kohn, the recently retired former Fed vice chairman, said that, in his view, "to not trigger" some additional stimulus measures by the FOMC would require that "there was the prospect of progress in the forecast toward achieving both much higher levels of employment and, eventually, higher inflation, closer to my 2% target". Link: Click Here

Trichet downplays deflation risks for euro area; calls for additional global rating agencies. In an interview with Figaro, ECB President Trichet was asked why the ECB, with respect to the euro area, did not fear deflation risks, unlike Fed Chairman Bernanke (with respect to the US). Mr Trichet responded that there were "major structural differences" between the euro area and US economies, and that "the fear of deflation, which is the risk of a lasting, general fall in prices, emerges from time to time in the US, although, very fortunately, this risk has not materialised in Europe". Link: Click Here