By Lewis Jackson SYDNEY (Reuters) – Australia’s prudential regulator said on Wednesday it will review how sections of the A$2.5 trillion ($1.7 trillion) pension fund sector value unlisted assets and…
By Selena Li and Xie Yu HONG KONG (Reuters) – Former asset management head of Credit Suisse in Asia Pacific, Min Huang, is leaving UBS as the bank embarks on…
(Reuters) -China Evergrande said on Thursday one of its units had entered a deal to sell its entire stake in Shantou Hengmeng Property Development for 137.6 million yuan ($19.20 million).…
By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc reported a 4% rise in its fourth-quarter distributable earnings on Thursday, as the world’s largest private equity firm cashed out on…
By Xie Yu HONG KONG (Reuters) – Chinese asset managers are lining up for licenses to operate in Dubai, said Ian Johnston, chief executive of the Dubai Financial Services Authority…
(Reuters) – Raymond James reported a rise in first-quarter adjusted profit on Wednesday, helped by strong performance of its capital markets and asset management businesses. M&A activity in the U.S.…
By Lewis Jackson SYDNEY (Reuters) -Australia’s sovereign wealth fund has cautioned against expecting rate cuts in Australia or the U.S. anytime soon after reporting on Tuesday a rebound in its…
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -The Japanese government’s reform push for the country’s $5 trillion asset management industry has sparked a series of action plans from top…
(Reuters) – National Australia Bank said it had agreed to combine its New Zealand wealth advice and asset management unit with that of Jarden Wealth and Asset Management, forming a…
By David French and Pablo Mayo Cerqueiro (Reuters) – Credit investment firm Bayview Asset Management told Reuters it has put its insurance arm Oceanview Holdings up for sale, in what…
(Reuters) -Canada’s Brookfield Asset Management said on Friday it had raised $28 billion for its largest-ever fund, wagering on infrastructure assets the company believes would benefit from a shift to…
By Roxanne Liu and Kane Wu BEIJING (Reuters) – Bahrain-based alternative asset manager Investcorp is aiming to raise 2 billion to 4 billion yuan ($274 million-$548 million) for its first…
By Suzanne McGee (Reuters) – GMO LLC, the asset management firm co-founded by veteran investor Jeremy Grantham, will launch its first exchange-traded fund (ETF) on Wednesday. The firm said it…
(Corrects to $47 billion from $47 million, the remittances’ figure in paragraph 9) By Valentine Hilaire MEXICO CITY (Reuters) -Mexico’s Femsa, which controls one of the world’s largest Coca-Cola bottlers…
(Reuters) – Digital consultancy firm Onepoint’s chief executive David Layani has called for a review of a planned deal by Atos to sell some of its struggling assets to Czech…
By Nell Mackenzie LONDON (Reuters) -Odey Asset Management, one of Britain’s best known hedge funds, will shut, it said on Tuesday in a statement on its website, less than six…
By Kylie Madry MEXICO CITY (Reuters) -Mexican cement-maker Cemex on Thursday reported a 75% slump in third-quarter profit, on a nearly five-fold rise in taxes and as hefty asset sales…
By Suzanne McGee (Reuters) – Goldman Sachs Asset Management (GSAM) has launched a pair of defined outcome exchange-traded funds (ETFs), a group of products that use options strategies to offer…
By Tetsushi Kajimoto and Satoshi Sugiyama TOKYO (Reuters) – Japan’s top financial diplomat said on Monday the yen was still perceived as a safe haven asset like the Swiss franc…
By Suzanne McGee (Reuters) – Large, established asset managers that have been slow to cash in on investor demand for exchange-traded funds are now trying to grab a slice of…
NEW YORK – On Friday, a New York state appeals court temporarily stopped the dissolution of several of Donald Trump’s most significant assets while considering his appeal in a civil…
By Giuseppe Fonte ROME (Reuters) – Italy aims to raise at least 1% of gross domestic product (GDP), or roughly 21 billion euros ($22.2 billion), through asset sales between 2024…
By Karen Freifeld NEW YORK (Reuters) – The New York judge who found Donald Trump liable for fraud on Wednesday stopped short of addressing whether his scathing decision would force…
SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in…
By Makiko Yamazaki (Reuters) – Japanese Prime Minister Fumio Kishida aims to spur competition in the country’s $5 trillion asset management industry by prompting new market entrants to turn dormant…