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 the Dubai Financial Services Authority (DFSA), as…
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 to prevent or detect misconduct by its…
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 technology, the industry’s trade body said on…
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 to grab a slice of the market…
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 take a toll on mortgage payments, which…
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 of Orchard Dr. While officers were on…
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 fossil fuels since 2021, while their European…
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 that cut production last year. An EDF…
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 by the Swiss Finance Ministry. The order…
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 they are shying away from stocks and…
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 collapsing, seems to be running out of…
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 on their plans to cut greenhouse gas…
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 looking to invest more money overseas after…
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. According to Attorney General Matthew J. Platkin,…
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 with Wall Street by halving the time…
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 efforts by the industry to promote its…
‘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 the market’s expectation that inflation and U.S.…
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 a statement from JPMorgan Chase. The state…
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 are just some of the trades international…
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 the company and mismanagement was draining its…
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. Ms. Abay, a Turkish national who currently…
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 of high consumer spending and low arrears…
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 locations opening across the country. The restaurant…
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 any restaurant or bar. That’s even more…
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 in the three months to end-September, after…
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 and British government bonds – raising questions…
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