Beginning in the 1990s, Ping An took advantage of widening reforms to become the first Chinese financial institution in which foreign firms could own equity: Goldman Sachs andMorgan Stanleywere early backers. The company eventually went public in 2004, listing in Hong Kong. (Current shareholders in...
Norges Bank's Tangen also flagged chief risks to markets including higher for longer interest rates, high levels of government debt and geopolitical tensions. As his top risk, he cited concentration in U.S. equities among large cap tech firms, which he said had "never been bigger." However,...
As productivity grows, the world’s wealth increases. Examples of benefits or costs of the current concentration-wave are scanty. Yet it is hard to imagine that the merge of a few oil firms today could recreate the same threats to competition that were feared nearly a century ago in the U...
Both firms focus on active management, a strategy designed to outperform the general market through the decisions of investment managers. Shifting Preferences: From Mutual Fund to ETF The decline of brands focused on active management reflects a larger trend within the industry. In 2022, investors...
According to market analyst Pitchbook, private capital invested in hydrogen-related firms increased by more than 50% year-on-year in 2022 — amounting to $3.6bn in 2021 and $5.7bn in the first 11 months of 2022. This includes both venture-capital and private-equity investments, but not fun...
Generali has entered a definitive agreement to acquire US-based Conning from Cathay Life in a deal that will see it become one of the largest asset management firms in Europe. The transaction is expected to be completed in the first half of next year subject to relevant approvals. /jlne.ws...
Tony DongFeb. 7, 2025 7 Companies Building AI Agents These firms have strong businesses and are using "agentic AI" to better serve customers. Jeff ReevesFeb. 7, 2025 Best Green Stocks and ETFs Investments that focus on environmental solutions could be excellent long-term opportun...
through the Grab app, originally used for paying within the app. It has extended its reach outside the Grab ecosystem, including digital payments for third-party vendors. Grab also offers tailor-made financial services to customers, with insurance, wealth management, and financing in their ...
is a prominent global financial services firm that provides investment banking, securities, wealth management, and investment management services. With assets under management totaling $1.5 trillion, Morgan Stanley is the fifth largest asset manager in the United States.9The firm is recognized for its ...
Schwab, the country's first discount brokerage, has consistently been rated one of the cheapest brokerage firms in the U.S.4In October 2019, Schwab cut commissions to zero from $4.95 for all U.S.- and Canadian-listed stocks, ETFs, options online, and mobile trades.5Online options trades ...