Macquarie Group Ltd. is in advanced talks to create a majority-owned securities joint-venture firm in China, according to people familiar...
asset management News
Generali has entered into an agreement with the German Group Union Asset Management Holding AG to acquire a 100 percent...
Munich Re, the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30...
Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal...
China’s central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing...
Efforts to get insurers to plug Europe’s investment gap by backing riskier assets could be undermined if banks are unwilling...
Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S....
French insurer AXA has been approached by a number of players interested in doing a deal with its asset management...
Standard Life Plc, Scotland’s largest insurer, agreed to acquire Aberdeen Asset Management Plc for about 3.8 billion pounds ($4.7 billion),...
AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down...