As a result, investors has started to expect more from utilities in the asset management department.
We estimate that the asset management division of UBS constitutes around 7% of its stock price.
The company announced it had struck a deal to buy the asset management arm of Barclays.
Schwartz's departure comes amid signs of serious trouble inside GAM, as the asset management unit is known.
This year commodities and emerging market equities are proving to be constraints on the asset management returns for Goldman.
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The owner of the account (i.e. the parents) deal directly with the asset management firm, rather that with the state.
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The Asset Management Group segment includes personal wealth management for high net worth and ultra high net worth clients and institutional asset management.
The asset management plan will go before full council to be ratified.
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Goldman Sachs (GS), for one, has turned less enamored with some, switching its rating on the asset management group to neutral from attractive.
If the company reports strong results for the asset management division in the first few quarters of 2011, there could be upside to our forecasts.
The asset management division provides retail investors with a full range of mutual fund and alternative investment products, and institutional clients with a fully integrated asset management offering.
She came to the SEC from the asset management industry, where she worked for the past 11 years at Goldman Sachs Asset Management a firm not exactly known for its fair treatment of investors.
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Ding noted that while investor confidence as a whole has be shaken over the past few months, the asset management until still managed to attract new money and contributed to the quarter's earnings.
Two new entities will be created: the Financial Restructuring Agency (FRA), which will rescue ailing finance companies and banks, and the Asset Management Corp. (AMC), which is tasked with taking over bad loans.
For the Asset Management division, the fee as percentage of assets under management decreased from 0.7% in 2005 to 0.2% in 2009, with Morgan Stanley cutting fees to hold on to clients in an increasingly competitive market.
The asset management business earns money by offering customers a wide range of investment products so that customers can invest their money in the market (equity, fixed income, alternative investment etc.) and product that best matches their investment goals.
Entering the asset-management business in Europe and the U.S. could help to expand its horizons there, and will push overall assets under management close to the total held by Nomura Asset Management, the biggest Japanese money manager, the company said.
Grantham is the manager of one of the largest asset management firms in the world, so his opinions matter.
If plan sponsors agree that the goal is to encourage the development of successful minority-owned asset management businesses, then they should look for a manager-of-managers that could not only assist these firms in gathering assets but also in negotiating their way through the treacherous waters of the institutional asset management marketplace.
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Its loans will be transferred to the National Asset Management Agency (Nama), the Irish "bad bank" responsible for recovering the value of problematic loans made by other Irish banks.
They acquired Claridge's, the Connaught and Berkeley from the National Asset Management Agency (Nama), the Irish government agency created to manage the toxic property loans of its bust banks.
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The firm's move deeper into the asset-management business comes as more Japanese financial institutions seek to tap the huge amounts of household money sitting in low-interest savings accounts, but often lack the expertise in offering them attractive products.
Even without the huge falls in asset prices, reckons David Hunt, a consultant at McKinsey, the fundamental economics of the asset-management business have deteriorated.
This article is an embarrassment to the entire asset management industry as it stands.
Mr Ferrand had been with Aegon for almost 10 years in the UK Asset Management business.
Houston-based developer Hines has struck a deal with the asset-management division of J.
Still, the asset-management firms are unlikely to have the appetite to bail out every trust loan.
UBS, Deutsche Bank, Morgan Stanley, Nextra, the asset-management arm of Banca Intesa, and 13 individuals connected to these banks.
"I see a lot of tailwinds for the rally to continue, " said Jerry Harris, chief investment officer of the asset-management arm of Birmingham, Ala.
It will be more difficult for Chinese investment banks, which have a relatively short history, to compete in the asset-management business outside China, he said.
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