Page 3 - Money Management

Goldman Sachs buys Dutch money manager NN Investment Partners for $1.9 bn

The US lender will pay about 1.6 billion euros ($1.9 billion) for NN Investment Partners, according to a statement Thursday

Founders of Asia's family-owned companies seek private equity exit

Publicly listed family firms in Asia have a market capitalisation of more than $5.56 trillion; analysts say change in their ownership could be seismic.

Why some millennials can't manage money: Financial literacy low in Asia

To be sure, the privileges of investing and even holding financial assets are often impossible for many people in wealthy countries who are just trying to make ends meet

Handing over shares to a broker for fixed return may land you in trouble

Brokers are supposed to report, on a weekly and monthly basis, the shares of clients that they hold

Penny-wise and pound-forgetful

Investors often make that extra effort to chase an additional basis point of return but tend to ignore forgotten parts of their wealth