Manulife cuts 2.5% of staff in wealth and asset management unit
Manulife Financial has cut hundreds of jobs in its global wealth and asset management business, representing about 2.5 per cent ...
Tag: Asset
Aims Apac Reit bets on asset rejuvenation strategy to drive long-term value
The manager expects its two current asset enhancement projects to boost net property income by more than 7 per centAIMS ...
CapitaLand Ascendas Reit to divest industrial asset in Singapore at S$45.3 million premium
CAPITALAND Ascendas Reit (Clar) is divesting an industrial property at 21 Jalan Buroh in Singapore for S$112.8 million. This is nearly ...
BlackRock, JPMorgan asset back Dynasty Financial at US$800 million valuation
DYNASTY Financial Partners, a provider of back-office services to independent investment advisers, won backing from BlackRock and JPMorgan Asset Management ...
Crypto asset manager Bitwise files for XRP ETP with securities regulator
CRYPTO asset manager Bitwise has filed an initial registration statement with the US Securities and Exchange Commission (SEC) for an ...
RBC’s US global asset management head sees growth in emerging markets, alternative assets
ROYAL Bank of Canada is betting on alternative investments and emerging markets debt and equity to boost its US global ...
Australia’s NAB posts lower cash earnings, flags decline in asset quality
NATIONAL Australia Bank (NAB) posted an 8 per cent drop in its third-quarter cash earnings on Friday (Aug 16), pressured ...
China’s outbound investing quota crunch spurs foreign asset managers to get creative
SOARING demand from Chinese investors for offshore investments has left foreign banks and fund managers scrambling to ration outbound-investing quotas ...
JPMorgan asset cools on China bond frenzy as curve flattens
A RELENTLESS rally in Chinese bonds has at least one global investor taking pause as yields continue to plumb record ...
KKR profit soars 49% on improving asset sales, beating estimates
KKR & Co posted a second-quarter profit that beat Wall Street estimates as the buyout firm generated more income than ...
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