Managing Assets

Latest News for: Managing assets

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Does IOSCO’s crypto regulation proposals speak for itself

Financial Express 29 May 2023

Insights from the roadmap have highlighted IOSCO’s need to focus on crypto and digital assets (CDA), to be handled by UK Financial Conduct Authority (FCA), and decentralised finance (DeFi), to be managed by US Securities and Exchange Commission (SEC) ... relations with crypto assets.

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Ride the Rocket: TMS Network (TMSN) Blasts Off, Uniswap (UNI) and TRON (TRX) Fail to Launch

Cryptopolitan 29 May 2023

Like TMS Network (TMSN), Uniswap (UNI) is a popular decentralized exchange that allows buying, selling and swapping supported crypto assets ... assets only ... Additionally, the portfolio management application allows for efficient asset management on crypto, ETFs, Forex and stocks.

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Australia's AMP names Blair Vernon as CFO, dissolves local wealth management arm

Reuters 29 May 2023

... will dissolve its local wealth management arm in an attempt to simplify the organizational structure. The move comes as assets under management at AMP's flagship Australian wealth management unit fell about 13% to A$124.2 billion ($84.24 billion) for the year ended Dec.

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Charles Schwab Congratulates Emiliano Grillo as Champion of the 2023 Charles Schwab Challenge

Enid News & Eagle 29 May 2023

Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors ... SPORTS GOLF FINANCE ASSET MANAGEMENT AUTOMOTIVE BANKING OTHER AUTOMOTIVE PROFESSIONAL SERVICES.

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Financial reform will help supervision system

China Daily 29 May 2023

Additionally, the trend of crosscutting, cross-border competition, and co-innovation and cooperation between various types of financial institutions is becoming increasingly obvious, especially in the field of asset management, forming a new scenario of mutual channel sharing and cross-investment.

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Wall Street irked by frantic push to solve EM sovereign debt crises

The Times of India 29 May 2023

a law that would overhaul the process of restructuring sovereign debt ... Fixing the System ... Major asset managers on Wall Street take another view ... "You'll see the market for these bonds shrink," said David Knutson, a senior investment director at Schroder Investment Management and chair of the Credit Roundtable, a group representing bondholders ... .

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Sebi may ease compliance for PE and VC funds

The Times of India 29 May 2023

a code of conduct for fund directors, manager, and intermediaries; rules on closing of funds; treating all investors at par; segregation of assets and liabilities of various schemes; confining the tenure of funds to what is stated in the fund document; and rules on disclosing and addressing investor grievances.

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Turkish lira slips as Erdogan secures victory

Reuters 29 May 2023

The currency hovered above the 20.00 to the dollar threshold as trading got underway, not far off the 20.06 record low hit on Friday ... "The current set up is just not sustainable," said Tim Ash at BlueBay Asset Management. "With limited FX reserves and massively negative real interest rates the pressure on the lira is heavy." ... U.S.

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Proposed US debt deal may be bad news for markets

The Times of India 29 May 2023

Good news of a tentative deal for the US debt ceiling impasse may quickly turn out to be bad news for financial markets. U.S ... "Our concern is that if liquidity starts leaving the system, for whatever reason, this creates an environment where markets are crash prone," said Alex Lennard, investment director at global asset manager Ruffer ... .

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Mirae Asset holds 'ETF Rally 2023' for global expansion

Korea Times 28 May 2023

Under the leadership of Mirae Asset Financial Group founder Park Hyeon-joo, the asset management arm has focused on expanding its ETF market share, particularly outside Korea for the past decade ... Global X's assets under management were worth around 8 trillion won by the time Mirae ...

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Littlejohn: The pitfalls of working with multiple investment advisers

Aspen Times 28 May 2023

However, more than 50% of those investors then said that their primary adviser didn’t know that other advisers were also managing assets on their behalf ... Many investment advisers that charge AUM (assets under management) fees use a tiered fee structure as a way of providing clients with a volume discount of sorts.

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DeFi lending and borrowing: A guide to earning passive income

Financial Express 28 May 2023

Why Lend Your Crypto Assets? ... Additionally, borrowing against your assets can be advantageous for various reasons, such as accessing liquidity without selling your crypto holdings, leveraging investment opportunities, or managing short-term financial needs while still maintaining long-term asset ownership.

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What Does A Diversified Portfolio Look Like?

Jamaica Observer 28 May 2023

However, this risk can be mitigated or managed by the same principle governing the adage "Don't put your eggs in one basket" ... Diversification across asset classes ... Your money is pooled together with other investors' and a fund manager invests this on your behalf across different assets ... Diversification within asset classes.

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‘Collateral damage’: How much will trust tax change cost the average Kiwi family?

NewstalkZB 28 May 2023

Speaking to The Front Page podcast, TGT Legal partner Aimee Mitchell says that most New Zealanders have registered trusts to manage and protect their assets. “The most common reason to establish a trust is to manage the succession of assets and wealth between different generations of a family,” says Mitchell.

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