Japan Inc opens door to more women directors, but managers remain rare
By Anton Bridge TOKYO (Reuters) – Mitsuko Tottori’s appointment as Japan Airlines’ next president makes her something of a rarity in Japan – a female …
managers
Dubai sees rising appetite from Chinese asset managers -regulator chief
By Xie Yu HONG KONG (Reuters) – Chinese asset managers are lining up for licenses to operate in Dubai, said Ian Johnston, chief executive of …
Asia wealth managers flock to Dubai as clients look to diversify
By Xie Yu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – A growing number of wealth managers in Asia are setting up offices in Dubai, capitalising …
China money managers rush to create funds tracking new A50 index
SHANGHAI (Reuters) – Chinese money managers are rushing to create funds tracking the newly-launched CSI A50 Index, which analysts say is a better reflection of …
Singapore imposes civil penalty on Credit Suisse for managers’ misconduct
SINGAPORE (Reuters) – The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$3.9 million on Credit Suisse AG for the bank’s failure …
British investment managers get green light for tokenised funds
LONDON (Reuters) – British investment managers have got the go-ahead to develop tokenised funds, in which assets are split into smaller tokens backed by blockchain …
Asset managers boost ETF assets via active fund launches, conversions
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 …
Asset managers look to sell Hong Kong buildings as higher rates bite
By Clare Jim HONG KONG (Reuters) – Asset managers are increasingly looking to dispose of their commercial buildings in Hong Kong as rising interest rates …
Chambersburg Woman Arrested for Assaulting Property Managers
CHAMBERSBURG, PA – On Tuesday, Chambersburg Police Department officers responded to a dispute between tenant Kennedee Waulk-Durfee and two property managers on the 2800 block …
Big US asset managers cool on climate issues -think tank
By Isla Binnie NEW YORK (Reuters) – Large U.S.-based asset managers have shown waning interest in encouraging companies in which they invest to phase out …
Exclusive-EDF CEO tells managers nuclear business to be reorganised
PARIS (Reuters) – EDF CEO Luc Remont told managers on Thursday that the state-owned power group’s nuclear activities would be reorganised to overcome recurring problems …
Credit Suisse managers’ 2022 bonuses cancelled or cut by Swiss government
ZURICH (Reuters) – Credit Suisse senior managers will have their outstanding bonus payments for 2022 either cancelled or reduced following an order issued on Tuesday …
Fund managers at Milken eye fixed income as stocks, real estate lose luster
By Svea Herbst-Bayliss and Carolina Mandl BEVERLY HILLS (Reuters) – Prominent investors including hedge fund and private equity managers at a major industry conference say …
Marketmind: Purchasing managers of the world, diverge
A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the absence of any further banks …
NYC pension leaders to seek emissions cut plans from fund managers
By Ross Kerber BOSTON (Reuters) – New York City pension leaders will press external fund managers, including private market fund managers, on Wednesday for details …
Wealth managers ramp up staff in Hong Kong to chase Chinese demand
By Summer Zhen HONG KONG (Reuters) – Wealth management firms are expanding operations aggressively in Hong Kong to meet pent-up demand from rich Chinese individuals …
Jersey Shore charter school managers indicted after steering $115k to founder’s side business
EGG HARBOR CITY, NJ – The owner of an Egg Harbor charter school has been indicted after allegedly diverting funds to his own private business. …
European banks, asset managers study halving stocks settlement time
By Huw Jones LONDON, Mar 2 (Reuters) – Banks and asset managers have set up a new task-force to study whether Europe should keep up …
Majority of global asset managers still not investing responsibly, ShareAction says
LONDON (Reuters) – Global asset managers controlling trillions of dollars are failing to invest in a way that will protect climate, biodiversity and people, despite …
‘Here To Stay’: These Asset Managers Say Markets Are Underestimating Inflation
‘Here To Stay’: These Asset Managers Say Markets Are Underestimating Inflation John Hugh DeMastri on January 10, 2023 Major asset managers are pushing back on …
Kentucky Becomes Latest State To Take On Woke Banks, Asset Managers
Kentucky Becomes Latest State To Take On Woke Banks, Asset Managers Jack McEvoy on January 4, 2023 UPDATE: This story has been updated to include …
Gloom and boom: Fund managers’ top picks for 2023
By Naomi Rovnick, Alun John and Marc Jones (Reuters) – King Dollar’s reign (definitely) coming to an end, bonds bouncing and emerging markets rising again …
Tencent chief blasts managers in fiery townhall – sources
By Josh Ye HONG KONG (Reuters) – The founder of Chinese tech giant Tencent Holdings Ltd told employees many “corruption” issues had been discovered within …
ING names new managers, Abay to head retail banking
AMSTERDAM (Reuters) – ING Groep, the largest Dutch financial services company, on Thursday said it intends to promote Pinar Abay to head of retail banking. …
Australian fund managers keep big banks at arm’s length
By Lewis Jackson SYDNEY (Reuters) – Holdings of Australia’s big banks by domestic fund managers are hovering near record lows on expectations that a combination …
Celebrity’s Soul Food, “The New Managers of Soul Food,” Unveils Menu For National 200 Store Rollout
Beverly Hills, CA (RestaurantNews.com) Celebrity’s Soul Food®, the country’s fastest-growing soul food chain, has recently announced key menu selections that will be featured in new …
Coaching Managers – Tips from PMG Consulting
Lee schulman by Lee Schulman, founder of Panacea Management Group (PMG) Consulting Hiring, training and retaining the right personnel is key to the success of …
UK fund managers suffer asset declines on shaky markets
By Sinchita Mitra and Yadarisa Shabong (Reuters) – A quartet of British fund managers said assets under management (AUM) dropped by $9.8 billion in aggregate …
Column-Sterling needs the kindness of reserve managers :Mike Dolan
By Mike Dolan LONDON (Reuters) – Perhaps remarkably, some of the world’s major economies still hold at least part of their rainy-day savings in sterling …
CalSTRS considers hiring China-focused equity managers for first time
By Xie Yu HONG KONG (Reuters) – The California State Teachers’ Retirement System (CalSTRS) is looking at appointing China-focused equity managers for the first time …
Fund managers shun China property bonds on default risks
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Fund managers are cutting their holdings in Chinese property bonds by half or even more as the …
Britain’s banking regulators to not take action against former HBOS senior managers- BoE
(Reuters) – Britain’s two banking regulators on Friday concluded that they will not take any enforcement action against certain former unnamed senior managers at the …
Analysis-No longer silent, Japan asset managers flex muscle in legacy to Abe
By Makiko Yamazaki TOKYO – Japan’s asset managers nudged the volume up another notch at shareholder meetings this year, increasingly opposing management proposals and adding …
Two Senior SEPTA Maintenance Managers and Additional Co-Defendant Sentenced for Bribery and Fraud Scheme Against the Authority
PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that David Abell, 73, of Chincoteague Island, VA, and Rodney Martinez, 51, of Blackwood, NJ, were …
Two Financial Asset Managers Charged in Alleged $1.2 Billion Venezuelan Money Laundering Scheme
Miami, Florida – Two financial asset managers have been charged with money laundering for their alleged role in a $1.2 billion international scheme to launder …
Taiwan’s largest pension fund hiring managers for $3 billion bond mandate
HONG KONG – Taiwan’s largest pension fund is seeking to hire global asset managers to run a bond portfolio totalling $3 billion. The Bureau of …
Marketmind: What purchasing managers are saying
A look at the day ahead in markets from Sujata Rao Indexes based on the views of purchasing managers, essentially the folks who buy products …
Belligerent Woman Smashed Store Manager’s Cell Phone, Punched Him, Stole Soda and Fled
COLUMBUS, OH – When Karen was approached by the store manager, she wasn’t happy. A woman who was caught trying to steal some items from …
Terry Blackwell, O.H. Dean Oskvig and Mark Takahashi Reelected to PJM Board of Managers
Takahashi joined the PJM Board in 2016 and currently serves as Board Chair. He previously served as chief financial officer of Ascendant Group Limited, parent …
Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multi-Billion Dollar Fraud Scheme
Allianz Global Investors U.S. LLC Also Charged With Securities Fraud, Agrees to Plead Guilty Damian Williams, the United States Attorney for the Southern District of …
Three big asset managers file joint climate resolutions at J-Power
By Makiko Yamazaki TOKYO – Three European asset managers, including the largest, Amundi, said on Wednesday they had jointly filed climate-change resolutions at Japanese electricity …
Managers of Arizona Telemedicine Company Admit Roles in $64 Million Nationwide Kickback, Health Care Fraud Schemes
NEWARK, N.J. – Two owners of a nationwide telemedicine company today admitted their roles in conspiracies to bribe doctors and to commit health care fraud, …
Two Former Managers of National Grid Sentenced to Prison for Bribery and Kickback Scheme
Earlier today, in federal court in Brooklyn, Patrick McCrann and Richard Zavada, two former managers in the facilities department of the New York utility company …
Vanguard will not restrict its active managers’ decisions on Russia
By Ross Kerber -Top mutual fund manager Vanguard Group said on Friday it will adhere to international sanctions being imposed on Russia in the wake …
Asset managers freeze $3 billion in Russia funds in market turmoil
By Carolyn Cohn and Simon Jessop LONDON -Asset managers including France’s Amundi and BNP Paribas, Britain’s HSBC and Switzerland’s Pictet have frozen Russia-focused equity funds …
U.S. FTC seeks comments on how benefits managers affect small pharmacies
By Diane Bartz WASHINGTON – The U.S. Federal Trade Commission said on Thursday it was seeking public comment on how pharmacy benefit managers (PBMs) affect …
Fund managers predict volatile first half for risk assets
By Divya Chowdhury MUMBAI – Uncertainty over the pace of monetary policy will mean a volatile first half for risk assets followed by an upward …