Asset Management

Deutsche Bank asks banks to pitch for asset management IPO: sources

FRANKFURT (Reuters) - Deutsche Bank has asked banks to pitch for roles the planned 2 billion euro ($2.35 billion) initial public offering of its asset management business, two people close to the matter said on Tuesday.<p>The requests for proposal for roles such as that of the global coordinator were …

Economy

Morgan Stanley - Q3 Earnings Review

Despite expected softness in sales and trading, Morgan Stanley used strength in asset management, primarily, to drive a solid earnings …

Markets

Majedie Asset Management Ltd Majedie Asset Management Ltd : Form 8.3 - Tesco Plc

TIDMTSCO<p>FORM 8.3<p>PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY<p>A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE<p>Rule 8.3 of the Takeover Code (the "Code")<p>1. KEY INFORMATION<p>(a) Full name of discloser: Majedie<p>Asset<p>Management<p>Limited<p>(b) Owner or controller of interests and …

Finance

Fin24.com | SA GDP growth may be stronger than expected in third quarter

South Africa’s GDP growth is likely to beat forecasts in the third quarter, and accelerate into year-end and in 2018.

Economy

MOVES-AXA's asset management arm names new Italy CIO

Oct 16 (Reuters) - AXA Investment Managers, the asset management arm of French insurer AXA SA AXAF.PA , appointed Alessandro Tentori as chief …

Italy

Favorable Interest Rate Environment Boosts JPMorgan

JPMorgan Chase’s results for the third quarter of the year, announced on Thursday October 12, painted a largely positive picture of the banking industry over the period and gave investors a good idea of what to expect from other banks’ earnings figures over the coming weeks. The key trends that …

Finance

Top funds body says EU asset management plans could backfire

LONDON (Reuters) - Europe's leading asset management body has told the European Union that its plans for centralizing industry supervision could undermine the global appeal of EU-listed funds.<p>EFAMA is the latest to raise concerns that tinkering with the globally accepted regulatory practice of …

Business

UBS Wealth Management: Commodities on China trade still unwinding

Hayden Briscoe is the Head of Fixed Income Asia Pacific at UBS Asset Management joins BNN's Catherine Murray for a look at why Chinese President …

Business (Canada)

BlackRock AUM nears $6tn on rapid flows into passive funds

BlackRock comfortably beat earnings expectations in the third quarter as money continued to gush into its mainly passive funds at a clip of of nearly …

Finance

Electricity sector can unlock trillions by going digital

According to a review by the World Economic Forum the complete digital transformation of the electricity industry could unlock $1.3 trillion of value.

World Economic Forum

Why is Asia lukewarm to sustainable investing?

For many people in Hong Kong, an international financial centre known for its freewheeling entrepreneurship, doing good and doing well is still a …

News (China)

How to Overcome Limitations of Conventional Discovery in the Cloud

Organizations are facing large obstacles as they migrate production workloads to the cloud, including a lack of comprehensive data visibility. These …

Enterprise Tech

Artisan Partners Asset Management Reports September AUM

APAM Sept. 30 AUM of $113.69B.<p>Separate accounts $57.2B; Artisan Funds $56.5B.<p>Global equity team $28.83B. Global value team $40.68B. Growth team …

Business

UVA Investing Conference to Explore How Asset Management Is Changing

A confluence of external and internal industry forces is changing what it means to be a leading asset manager and investor. As a result, UVIC will …

Finance

Europe’s national regulators clash over delegation

National regulators in Europe have clashed over whether asset managers should face more stringent scrutiny after Brexit, as concerns mount that the …

Brexit

Asset management consultancy Alpha FMC to list with £163m valuation

UK wealth and asset management consultancy Alpha FMC will start trading on London’s junior market next week with a valuation of £163m after the group …

Finance

GraphCMS Review: A Headless CMS for the Masses

GraphCMS is a cloud-based headless content management system based on GraphQL — a query language for APIs that’s used and open sourced by Facebook. …

Software Development

New ‘reality’ of the connected worker: AR with Maximo

October 4, 2017 | Written by: Matthew Mikell<p>Categorized: Asset Management<p>Share this post:<p>In the IBM blog “How using mobility and innovation for FSM …

Augmented Reality

BRIEF-MANULIFE ASSET MANAGEMENT GAINS APPROVAL FOR UCITS IN CHILE

Oct 4 (Reuters) - Manulife Asset Management:<p>* MANULIFE ASSET MANAGEMENT GAINS APPROVAL FOR UCITS IN CHILE; FORGES DISTRIBUTION PARTNERSHIP WITH …

Finance

South Korea's FG Asset Management wants more offices, data centres and warehouses

South Korea's first asset management firm which invests only in international assets, FG Asset Management, has a multimillion-dollar cash war-chest …

Australian News

Why Softbank Is Interested in Asset Management

Bloomberg Markets<p>October 2nd, 2017, 3:08 AM UTC<p>SoftBank founder Masayoshi Son has made a name for himself building a telecommunications and …

Business

Spain's Alantra gets a London foothold through Catalyst merger

Spanish asset management and investment banking firm Alantra will combine with London-based Catalyst in a deal worth £30m, it was confirmed last …

Saudi market regulator loosens asset management rules

RIYADH (Reuters) - Saudi Arabia's markets regulator loosened its rules for licensing asset management and other investment firms on Sunday, according to a presentation by senior officials at the Capital Market Authority (CMA).<p>The revisions will reduce requirements for obtaining a "management …

Finance

BRIEF-Lorne Park Capital Partners to acquire Crestridge Asset Management

Sept 29 (Reuters) - Lorne Park Capital Partners Inc LPC.V<p>* Lorne Park Capital Partners Inc signs a definitive agreement to acquire Crestridge Asset …

Finance

European banks offer good value: Manulife Asset Management

If you're looking for international equity exposure in your stock portfolio, Bill Fitzpatrick at Manulife Asset Management says to take a good look …

Business (Canada)

FCA warns against post-Brexit shake-up of investment rules

The UK’s financial watchdog has fired a salvo against an attempt by European regulators to shake up the rules governing asset managers after …

Financial Services

Shore Captial profit rises on strong fundraising activity

Shore Capital, the financial services group specialising in small caps, recorded double-digit revenue growth and a uptick in half-year profits, …

Markets

Santander Creates Wealth Management Division

Spanish bank Banco Santander SA (SAN.MC) said Wednesday it will combine its private banking and asset management businesses to create a new wealth management division.<p>The bank said the move fits its strategy of integrating the asset management business more closely with its other operations after …

Wealth

China's Crackdown Brings Developers Crashing Back to Earth

The world’s most extreme stock rally is getting a reality check.<p>After share price gains at Chinese property developers accelerated at a breathtaking …

Business

UK wealth consultancy Alpha gears up for Aim listing

A UK wealth and asset management consultancy is to list on London’s small-cap exchange next month, in a sign of the growing demand for advice as fund …

UK News