Assets
Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative investment firm’s assets under management (AUM) hit a record...
Australia’s TPG Telecom to sell fibre, fixed assets to Vocus for A$5.25 billion
TPG Telecom will sell its fibre and fixed network infrastructure assets including broadband provider Vision Network to Macquarie and pension fund Aware Super-owned telecommunications group Vocus for A$5.25 billion...
BlackRock hits US$11.5 trillion of assets as private markets grow
BLACKROCK pulled in US$160 billion of client cash to its long-term investment funds last quarter, pushing the world’s largest money manager to a record US$11.5 trillion of assets as...
Mizuho buys ‘safe’ assets on risk that US soft landing fails
MIZUHO Financial Group is preparing for short-term market disruptions if investors’ predictions of a soft landing in the US prove wrong, by stocking up on easy-to-sell assets such as...
GLP Capital Partners sells ex-China assets to Ares for up to US$5.2 billion
FUND manager GLP Capital Partners (GCP) has agreed to sell its operations outside China to US-based alternative investment group Ares Management, in a deal worth up to US$5.2 billion.Under...
Chevron sells Canadian oil sands, shale assets for US$6.5 billion
The deal comes as it focuses its growth plans in other parts of the world, such as the Permian basin in the US and the Tengiz field in KazakhstanCHEVRON...
Will ESR-Logos Reit cash in on buying interest in short-lease hospitality assets?
Even if the price fetched is below the end-2023 valuation, it may be worthwhile for the Reit to strike a deal for its hotel and convention centre next to...
Assets in actively managed ETFs top US$1 trillion worldwide
ASSETS in actively managed exchange-traded funds (ETFs) worldwide hit a record US$1 trillion at the end of August, according to data provider ETFGI, boosted by easier regulations and a...
