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09:38 25/01/2009

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Investment Management News

 








Wells Fargo plans asset-management expansion abroad
San Francisco Chronicle
Wells Fargo will double its $444 billion asset-management unit within seven years by expanding in international markets as wounded European rivals retrench, according to division chief Mike Niedermeyer. The firm will add foreign stock and bond ...

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04:27 AM 05/22/2012


BBC News
Barclays to sell stake in asset manager Blackrock
BBC News
Barclays is to sell its stake in US asset management firm Blackrock, which is worth $6.1bn (£3.8bn). Barclays acquired the 19.6% stake in Blackrock three years ago, when it sold its asset management business to Blackrock. Barclays will sell the stake ...
Barclays planning Blackrock saleThe Press Association
Barclays' BlackRock timingFinancial Times
Barclays offloads $US6bn BlackRock stake ahead of Basel IIIThe Australian
Wall Street Journal -This is Money -Manchester Evening News
all 310 news articles »
12:03 PM 05/21/2012


Pioneer Investments Announces New Portfolio Management Team for Pioneer Cullen ...
MarketWatch (press release)
At a Board meeting held on May 20, 2012, the Boards of Trustees of Pioneer Cullen Value Fund and Pioneer Cullen Value VCT Portfolio approved a proposal by Pioneer Investment Management, Inc. to assume direct responsibility for the day-to-day management ...

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09:15 PM 05/21/2012


New York Times
BlackRock and others buy $1.6 billion stake in F1: source
Reuters UK
SINGAPORE (Reuters) - US-based asset managers Waddell & Reed (WDR.N), BlackRock (BLK.N) and Norges Bank Investment Management have bought a combined $1.6 billion stake in motor racing company Formula One from its private equity owner CVC Capital CVC.
Formula One to start pre-marketing $3 billion Singapore IPO: sourceLegal Business Online

all 77 news articles »
03:30 AM 05/22/2012


Advisors Increasingly Turning To Closed-End Funds To Develop Client Investment ...
MarketWatch (press release)
"This year's study reconfirmed that advisors continue to clamor for more information to help their clients understand the benefits of closed-end funds," said Gary Marshall, Chief Executive Officer of Aberdeen Asset Management Inc. "As the world's ...

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06:01 PM 05/21/2012







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