Business
Alternative asset classes regain favour as interest rates tick down - The Business Times
Rate cuts are just one of the many factors driving investors to seek returns outside of equities THE cutting of interest rates by the US…
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Business
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest…
Business
Keppel delivers higher asset monetisation as it gears up for next phase of its transformation
FUND manager and operator Keppel has delivered higher asset monetisation in 2024 despite the challenging market, said chief executive…
Business
Amicorp rejects 1MDB’s US$1 billion asset recovery claim
Authorities in Asia, the US and Europe have been working to coordinate their investigations into the money trail from 1MDB Amicorp Group…
Business
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8…
Business
CapitaLand Ascott Trust sells Japan rental housing asset to Goldman Sachs for 12.7 billion yen: report
CAPITALAND Ascott Trust (Clas) has sold a rental housing asset in Japan to Goldman Sachs for 12.7 billion yen (S$110 million). Real estate…
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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 of the…
Business
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 cent AIMS Apac Reit (AA…
Business
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…
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Anwar Ali an asset for India, must stay away from controversy - Chhetri
Kolkata: India’s captain Sunil Chhetri warms up before a FIFA World Cup Qualifier football match between India and Kuwait, at the…
Business
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…
Business
AMC shares rise up to 5% as new asset class opens revenue stream for MFs
3 min read Last Updated : Oct 01 2024 | 7:22 PM IST Shares of major asset management companies (AMCs) rose up to 5 per cent on Tuesday—in…