asset-management
BankingHSBC Looks to Double UK Wealth Business as Banks Target ‘mass Affluent’
Top StoriesInsurer Aegon Books $400 Million Hit From Higher US Mortality
Top StoriesHedge Fund Investor Appetite Hit by High Fees and Private Credit, Says Goldman Sachs
InterviewsChom Capital: Embodying the Principles of Sustainable Finance
BlackRock Assets Hit Record-High $10.65 Trillion on ETF Flows, Rising Stocks
Date: July 16, 2024
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – Assets managed by BlackRock hit a record $10.65 trillion in the second quarter thanks to rising client asset values and as investors pumped money into the company’s exchange-traded funds, the world’s largest asset manager said on Monday. Stock markets have scaled record highs in the...
Khk & Partners Announces New Spin-Off Ayala Capital
Date: July 8, 2024
KHK & Partners announces new spin-off Ayala Capital Ayala Capital will be dedicated to capital-raising activities in the MENA region The MENA region is now the world’s most attractive market in which to raise capital Global asset managers need strategic partners on the ground in the GCC that understand and can navigate the region KHK...
Creand Group: A Model of Committed Banking
Date: July 3, 2024
Creand Group: A Model of Committed Banking Creand (formerly Crèdit Andorrà) is a global financial services group with nearly 75 years of experience and expertise in retail banking, private banking, asset management and insurance. The vocation of service and closeness to customers has defined and guided the bank throughout its many decades of operation. It...
Exclusive-Capital Group Shakes up Strategy to Hit $4 Trillion by 2031
Date: June 12, 2024
Exclusive-Capital Group shakes up strategy to hit $4 trillion by 2031 By Iain Withers LONDON (Reuters) – Capital Group aims to grow its fixed income business, accelerate overseas expansion and diversify away from its core equities franchise to stem client withdrawals and compete with faster-growing fund rivals, its CEO Mike Gitlin told Reuters. Over its...
Top Institutions Point to Blockchain Interoperability as Critical to Asset Tokenization
Date: June 6, 2024
Top Institutions Point to Blockchain Interoperability as Critical to Asset Tokenization New York, NY, June 6th, 2024, FinanceWire Citi, Deutsche Bank, Mastercard, Northern Trust and Centrifuge provide insights on paths to secure, multichain asset tokenization for report produced by Axelar Foundation and Metrika A group of leading financial institutions and Web3 innovators have contributed...
UBS Shares Soar as Profit Smashes Forecasts, Share Buyback Plans Affirmed
Date: May 7, 2024
UBS shares soar as profit smashes forecasts, share buyback plans affirmed By Noele Illien ZURICH (Reuters) – UBS on Tuesday reported first-quarter profit that trounced forecasts and said it was sticking with plans for share buybacks over three years despite Swiss government proposals that would hike its capital requirements. Shares in Switzerland’s biggest bank jumped...