asset-management
Top StoriesFunds Begin Parking Sanction-Hit Russian Assets in ‘side Pockets’
Top StoriesGerman Regulator Calls on Allianz to Improve Controls – Source
Top StoriesSoftBank Steps up Asset Sales From Sinking Portfolio
Top StoriesShares in British Asset Manager Abrdn Slide on Profit Miss
Companies in China Distance Themselves From Taiwan Amid Pelosi Backlash
Date: August 8, 2022
By Eduardo Baptista BEIJING (Reuters) – From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following last week’s visit to the island by a high-profile U.S. official. China claims self-ruled Taiwan as its territory, and the visit by U.S. House...
Too Early to Call Market Turn, Schroders CEO Says
Date: July 28, 2022
By Carolyn Cohn LONDON (Reuters) -It is too early to call an end to financial market falls driven by the Ukraine war, the chief executive of Schroders said on Thursday, as the British fund manager’s shares hit six-week highs on an uptick in assets under management. Asset managers have been suffering from a drop in...
Credit Suisse Names New CEO to Overhaul Investment Bank as Losses Mount
Date: July 27, 2022
ZURICH (Reuters) – Credit Suisse Group has named asset management boss Ulrich Koerner as its new CEO, who is tasked with scaling back investment banking and cutting more than $1 billion in costs to help the bank recover from a string of scandals and losses. The Swiss bank has dubbed 2022 a “transition” year with...
Exclusive: Barclays Seeks Entry Into China’s $4.3 Tln Asset Management Market – Sources
Date: July 14, 2022
By Selena Li HONG KONG (Reuters) – Barclays is seeking a Chinese banking partner to set up an asset management joint venture in the country, two people with knowledge of the matter said, as part of British lender’s plans to expand its footprint in the world’s second-largest economy. Barclays’ majority-owned China asset management venture will...
Britain’s Asset Managers Call for Blockchain Funds Regime
Date: July 7, 2022
By Carolyn Cohn LONDON (Reuters) – Britain’s Investment Association on Thursday called for the government and regulators to give the green light to tokenised funds using blockchain technology, which could make it easier for retail investors to buy illiquid assets. Tokenised funds split their assets under management into fractions, enabling a reduced minimum investment, making...
Ento Capital Wins Prestigious Award in the 2022 Global Banking & Finance Awards®
Date: June 27, 2022
Ento Capital Management Ltd (Ento Capital) a trusted adviser in asset management, investment banking and private equity has won the 2022 Global Banking & Finance Awards® for Asset Management Company of the Year UAE 2022 Since 2011, the Global Banking & Finance Awards® have honoured companies that stand out in particular areas of expertise in...