Page 9 - Asset Management

BlackRock quarterly profit jumps as assets rise over $9 trillion

This compares to assets of $6.47 trillion a year earlier.

What makes CAMs a better bet than AMCs for financialisation theme

Viewed as a proxy to asset management business, steady financial record is the USP

Top asset manager Vanguard invests Rs 2,660 cr in at least 26 Indian stocks

Market players said the buying could have been triggered by the FTSE rebalancing

Credit Suisse overhauls asset management under regulatory glare

Credit Suisse shares were up 1.5% in early trade

Paytm Money considering applying for MF licence as an asset manager: CEO

Company clocked over 20 million annual direct mutual funds transactions with assets under management of over Rs 5,000 crore, says Varun Sridhar

Asset monetisation to bring paradigm shift for infra growth: FM Sitharaman

Around 300 participants from states and UTs attended the workshop organised by the Department of Economic Affairs and NITI Aayog

With new players at the gates, AMCs to see stiff competition in MF space

Currently, nine requests for MF licence are being processed by Sebi

Back the IBC

A new mechanism will only kick the can down the road

Hammered by virus, investors rethink role of bonds, tech and ESG in 2021

Global asset allocators from BlackRock Inc. to JPMorgan Asset Management have outlined their takeaways for investors from the volatile year

Passive funds can make managers deliver better value: Tim Edwards, S&P Dow

"Historically, Indian investors have shown a very strong home bias - investing all or nearly all of their capital, domestically," says Edwards

Bain & Co top recruiter in first cluster of IIM-A summer placements

Company extends 20 job offers; it is followed by BCG with 19 offers

IT and telecom will do well in the medium term: Vinay Paharia of Union AMC

In a Q&A, Paharia says the economy is expected to recover sharply driven by base effect and pent-up demand, and that govt's 'AtmaNirbhar' packages are likely to provide a fillip to manufacturing

Avendus Capital looks to treble asset management biz AUM to $3 bn by 2024

Avendus Capital is betting big on the asset management vertical, looking to treble its AUM to over $3 billion by 2024, a top company official has said.

Morgan Stanley to buy Eaton Vance for $7 bn in asset management push

Morgan Stanley's wealth management and investment management businesses already account for 40-50% of the bank's revenue

For low-cost and diversified exposure to an asset class, invest in an ETF

Choose the ones that have a low expense ratio but high trading volumes on the exchanges

Reliance's asset monetisation over 4 months to boost credit quality: S&P

The oil-to-telecom conglomerate has amassed Rs 2.1 trillion in investment proceeds since Facebook announced its investment in its digital unit Jio Platforms Ltd in April

Asset management firms see surge in other income from mark-to-market gains

Among the listed players, HDFC AMC reported a 65% y-o-y jump in other income in the June quarter, at Rs 79 crore

Secret behind stellar performance of India's oldest, smallest quant fund

Even as profit expectations got smashed due to the pandemic, the Nippon India funds model fared better as it didn't have earnings estimates in its quantitative model

JPMorgan to raise up to $3 billion for real estate credit opportunity fund

JPMorgan Asset Management is looking to raise $2 billion to $3 billion from institutional investors for the Real Estate Credit Opportunity Fund, according to the source

IIM-A placements: Participation of PE/VC, asset management firms up by 80%

In all, 153 firms participated with 182 different roles for the 2020 batch, with McKinsey & Co and BCG leading the pack with 27 and 23 offers, including PPOs