Beijing may simply only be willing to replicate the results of its last swap attempt in 1999-2000 when it set up four asset management companies to bail out 1.4 trillion yuan of bad loans from state-owned banks. The exercise then successfully averted .
The acquisition, to be phased over three to five years, will extend the company's analytics service from the middle office to the front office of asset managers . Throughout the transition, and until StatPro has fully integrated Delta's functionality.
“Price apart, we like the Intacct acquisition, and upgrade Sage to 'neutral' today,” wrote UBS analyst Michael Briest. “It fills a key gap in Sage's cloud portfolio and if Sage is quick to internationalise it, it can put the group on the front-foot in.
Having led a team that helps oversee multibillion dollar assets in the world's most dynamic markets, Charlene Huang, co-head Asia-Pacific of Global Multi-Managers (GMM), the global real estate arm of UBS Asset Management , believes that her success in a .
Symphony Communications Services, a provider of secure communication technology seeking to break the dominance of Bloomberg's communication platform used by investment executives, has set a goal to turn a profit within 18 months. ... Asked how Symphony.
Steven Gunders is a retired partner of the Management Consulting Practice of Deloitte. He joined Touche Ross & Co in New York in 1969 and ... Before joining the firm, he held several management roles at UBS Global Asset Management where he worked for.
In 2002 Asia Financial Asset Management (AFAM) was reprimanded by the Securities and Futures Commission. The now defunct asset management firm was 70.29 per cent owned by Asia Financial Holdings, of which Chan is a president. The SFC takeover .
State Street Global Advisors (SSGA), the asset management business of State Street Corp, promoted Jim Ross as chairman for Global SPDR and SSGA funds management. Former senior UBS banker Mark Yallop has been appointed to head a new board to improve.
“For our domestic companies, it is now important to open up financial services, such as the bond market, the asset management and insurance sectors, and other areas. “We are waiting eagerly to see the outcome of the discussions. But the opening is far.
Speaking at the South China Morning Post's Game Changers conference in Hong Kong, dedicated to looking at the retail revolution, Will Ross , chief executive of Lazada Crossborder, said that it is imperative for digital e-commerce platforms to adopt data .
UBS sees underlying revenue growth of just 1% in both of the next two years, with a sluggish UK economy likely to add to its headaches. This will affect letter volumes and with the possibility of strike action over the pension fund forecasts at present.