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.
The Company’s technology-as-a-service platform strategically covers multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses – from sales and marketing and risk management to customer ...
Saudi Arabia is seeing a record interests from companies to sell shares to the public, while the size of the assets under management by financial institutions increased by 50 percent to SR600 billion over 3 years, the chairman of the country’s capital market authority said.
FAIRVEST Property Holdings, which plans a share swop merger with Arrowhead Properties, has proposed the acquisition of its outsourced management company New Star Asset Management for R133 million, rather than renew the term for five years ... No member of the independent board had conflicting interests regarding the asset manager.
...Vice President and Director of Asset Management Services with Black & Veatch ... "Monitoring insights that combine AI and machine learning technology with deep industry expertise can help organizations make better sense of their data and use it to manage their assets better.
... as well as employee benefit design and analysis,�compensation consulting, and investment�strategies, today announced that it has completed a strategic transaction with the WaterfallSentinel Fund, a private equity vehicle managed by Waterfall Asset Management ("Waterfall").
Wells Fargo, one of the largest wealth managers in the U.S., has reportedly started offering crypto investments to its wealth management clients ... Wells Fargo’s wealth and investment management arm, which includes the firm’s private banking services and Wells Fargo Advisors, is one of the largest U.S. wealth managers.
On Monday, August 2, the digital asset management company Arca launched its Arca DigitalYield Fund. As per the company, this will also be the first actively managed yield fund in the crypto space ... The digital asset management firm announced that the fund will be available to other investors later this year.
Stanbic IBTC Asset ManagementLimited, a subsidiary of Stanbic IBTC Holdings Plc, has ... Stanbic IBTC Asset Management is one of Nigeria’s leading investment managers with a total Asset Under Management (AUM) of over N780 billion, spread across individual and institutional investors.
Cryptocurrency investment products and funds posted outflows for a fourth consecutive week, the bulk of which came from bitcoin products, which also experienced its fourth straight weekly outflow, data from digital asset manager CoinShares showed on Monday ... Assets under management ...
PORT 32 provides expertise in the development and management of marina assets to bring customers an unparalleled level of service within the marina industry ... The firm combines the talent and operational excellence of a large, premier asset management firm with the flexible mandate and long-term time horizon of a family office.
This move did not come as surprise as in May 2021, investment-research division of Wells Fargo Wealth and Investment Management arm, managing about $2 trillion in assets, reported that it had been working for months to evaluate and onboard an actively managed cryptocurrency strategy to its platform for qualified investors.
3, 2021 /PRNewswire/ -- Leading private markets asset management firm Hamilton LaneIncorporated (NASDAQ... Assets under management – Total assets under management of $92 billion grew 34% year-over-year. Fee-earning assets under management increased 10% to $43 billion over the same ...
Mirova seeks to be a 100% sustainable investment asset management company 2, created in 2014 with the ambition to develop innovative investment products that allow investors to participate in the transition of the economy to a sustainable model ... Natixis Investment Managers’ ...
Business Insider reported on July 31 that Wells Fargo, a major US financial services company, has started offering crypto-assets investment products to its wealthy clients. The company’s asset management division currently has assets under management worth $2 trillion.
Arca, a US crypto-assets investment and management company, has announced on the 2nd that it has launched the industry’s first actively managed income fund in the crypto space ... “We believe an actively managed fund is a better option than the passive yield ...