Wealth & Asset Management
Bain Capital is in Exclusive Talks with Australia’s Perpetual to pursue Wealth Management Business
Perpetual has been exploring options to divest its wealth management unit for some time. The company...
Read moreDetails
Alliance Goes Public On NYSE To Warm Welcome Despite US Government Shutdown Hurting IPO Market
Alliance Laundry and its backer, private equity firm BDT Capital Partners, sold 34.1 million shares and...
Read moreDetails
Citigroup Delegates $80 Billion of Assets to BlackRock as it Shifts From Wealth Unit
Andy Sieg, the head of Citigroup’s wealth division, stated that they are not in a position...
Read moreDetails
Hong Kong’s Asset Management Hits US$4.5 Trillion Milestone
The Securities and Futures Commission report found that investors invested 44% more funds in Hong Kong...
Read moreDetails
Oman’s Sovereign Wealth Fund Records $4.1 Billion Profit: Global SWF
The OIA’s domestic impact is also unmissable, with approximately 61.3% of its portfolio invested in Oman,...
Read moreDetails
South Korea Losses $5.7 bn on China-linked Exotic Notes
This debacle has not only eroded the life savings of countless individuals but has also cast...
Read moreDetails
Asian Wealth Managers Flock to Dubai as Clients Look to Diversify
Dubai, a major financial hub in the Gulf region, has attracted wealth from all across the...
Read moreDetails
Zhongzhi Headed for Insolvency With a Debt Mountain of $64 Billion
Zhongzhi is a major player in the $3 trillion shadow banking sector operating in China Zhongzhi...
Read moreDetails
Abu Dhabi’s Big Bet of $50 Billion on India’s Economic Potential
In a further indication of Abu Dhabi's interest in investing in India, entities under the purview...
Read moreDetails
UBS Seeks to Maximize $29 Billion Credit Suisse Windfall
So far things are looking bright for UBS and investors and clients agree. The shares are...
Read moreDetails
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
