In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
It acquires these assets using own equity or debt ... Then, there’s the investment manager in-charge of managing the portfolio, ensuring that the assets generate adequate returns and managing the level of borrowings ... InvITs also pay project managers a percentage of their operating expenses to ensure their assets are maintained in running condition.
The People's Bank of China, the central bank, on Thursday released a document with fresh details, including quotas, on the proposed Greater Bay Area Cross-Boundary Wealth Management Connect and sought public feedback on the same ... This, he said, will help "banks to prepare for the reported launch of the Wealth Management Connect later this year".
The first company is the asset management and insurance group M&G (LSE... This is predominantly an asset management business with a legacy insurance division. The asset management business was hit hard last year when the pandemic struck ... competition in the asset management sector.
A big asset manager made some major changes in its U.S.-traded investments in the first quarter ... Flossbach, which manages more than $80 billion in assets, didn’t respond to a request for comment on the investment changes. The asset manager ...
Public documents show the wealth manager Vaneck has applied for an ethereum based exchange-traded fund (ETF) ... The ETF and mutual fund manager Vaneck and its digital assets management subsidiary have filed with the SEC on Friday for an ethereum-based ETF ... MVIS or MV Index Solutions Gmbh is an affiliate of Vaneck Digital Assets.
Furthermore, we are now able to have Real-time monitoring of critical devices, assets or data, network traffic flows across our IT and OT vessels’ network and apply software patching in line with the latest IMO Cyber RiskManagement regulation ... IT Manager, NavaroneS.A ...Network Asset automated alerts for issues service.
Goldman Sachs went further by introducing Bitcoin-based products to clients in its private wealth management arm back in March ... Per Bloomberg, the investment bank will use crypto asset company CumberlandDRW as its trading partner ... Blackrock, the world’s largest asset management firm, also added Bitcoin as an investment offering in two of its funds.
“The social aspect of crypto is meaningful,” writes Matt Hougan, chief investment officer of Bitwise Asset Management, in an email to Barron’s ... Investors who came of age before the internet may view online “assets” as worthless ... In a note to staff, Harvard investment manager N.P.
If SSE ends up splurging on assets that don’t earn a decent return, the firm may have to cut the payout to fill the hole... Another challenge is the risk that the trust’s investment manager might pick the wrong stocks ... The private equity operation focuses on managing assets, mainly other businesses, to produce high returns.
Emirates Stallion Group is one of IHC’s subsidiaries and has a diversified portfolio of businesses across engineering and construction, development and management of real estate and public realms and associated services. ... The company has assets of AED394 million ($107.2 million) as of the end of 2020 and over 1,000 employees.