06/22/2020
The annuities giant said it will use the proceeds to add to its balance sheet (taking pro forma PCA ratio to 1.78x from 1.63x at May end ) and to add return on equity accretive investment opportunities.
06/22/2020
The 10 funds with the highest number of applications received from the ATO have made 1.42 million payments worth a total of $10.46 billion.
06/22/2020
Retail brokerage is the one spot where we could potentially beat Wall Street investment banks, which are traditionally stronger in their institutional businesses.
06/19/2020
Vinhomes was listed on the Ho Chi Minh City Stock Exchange in 2018.
06/19/2020
The joint venture will be seeded with land in Incheon, South Korea’s third largest city.
06/19/2020
Pagaya says it will use the money to hire more data scientists, develop its technology, and invest in new asset classes such as real estate, loans, mortgages and corporate credit.
06/19/2020
One listed financial stock has demonstrated a spectacular turnaround to report 230% returns after seeing losses of 69% earlier this year.
06/19/2020
The agency said the medium-term fiscal outlook is of particular importance from the rating perspective, but is subject to great uncertainty and would depend on the level of GDP growth and government’s policy intentions.
06/19/2020
Mohamad Safri said on the back of the public health crisis, the financial industry expects to see lower revenues and profitability this year and the impact would be quite massive to the industry.
06/18/2020
The pension fund’s loans for other calamities such as floods, earthquake, tsunamis and hurricanes are typically repayable over 24 months at 10% interest a year.
06/18/2020
Only half of investors express confidence in their advisers
06/18/2020
The partners are targeting $200 million of investments in Indonesia’s logistics property sector.
06/18/2020
Fulcrum was founded in 2004, and boasts a global reach, with over 60 employees making up the firm’s team.
06/18/2020
The diversification across securities reduces concentration risk and exposure to mega-caps, he said, which traditionally dominate market cap indices.
06/18/2020
The benchmark-agnostic product can invest in onshore and offshore China fixed income securities to generate high income, according to the fund managers.
06/17/2020
Moody’s Investors Service downgraded the nation’s ratings this month to the lowest investment-grade level.
06/16/2020
According to AIMA, it has 251 members in Hong Kong that manage more than $100 billion.
06/16/2020
The fund would offer investors a strong source of diversification against global equities, he said, as well as significant growth potential.
06/16/2020
“Thanks to the EPF's SAA, the fund managed to outperform many equity funds despite the market downturn,” he says in a statement on June 13.
06/16/2020
The equity index now looks to have failed in its attempt to hold meaningfully above the 200-day average, after rising above it last week for the first time in three months.