01/16/2023
The new firm will add to Prudential’s existing distribution channels, which include more than 5,000 financial consultants, bancassurance partners as well as digital channels such as the Pulse by Prudential app.
01/13/2023
“But market sentiment has already turned around,” GUM says. “MPF began to bounce back since November after almost a year-long bear run. GUM expects the fund is likely to see a double-digit return in 2023.”
01/13/2023
Franklin Templeton has offices in over 30 countries housing approximately 1,300 investment professionals. As of 30 November 2022, the California-based company had around $1.4 trillion in assets under management.
01/12/2023
Taiwan’s fund industry has grown steadily in recent years to $177 billion in 2021 and according to Calastone, the firm provides automated cross-border fund processing to over 80 percent of fund distributors in the market.
01/10/2023
BofA Securities, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Standard Chartered Bank and UBS were tapped as joint lead managers and joint bookrunners.
01/09/2023
The extraordinary measures taken by central banks were intended to stimulate the economies. Meanwhile, the resulting negative yields, initially seen as a curiosity by investors, became commonplace beginning in 2014.