Asset Management
The Latest
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China Huarong Reports Record $15.9 Billion Loss In 2020
China Huarong Asset Management Co Ltd posted a $15.9 billion loss attributed to the disposal of risky assets linked to its disgraced chairman. 
China Huarong Asset Management Co Ltd posted a $15.9 billion loss attributed to the disposal of risky assets linked to its disgraced chairman. -
BlackRock-Temasek Wealth Management Joint Venture Approved In China
BlackRock Inc and Temasek Holdings's plan to establish a new asset management joint venture with China Construction Bank Corp has been granted approved by the CBRIC. 
BlackRock Inc and Temasek Holdings's plan to establish a new asset management joint venture with China Construction Bank Corp has been granted approved by the CBRIC. -
Franklin Resources To Acquire Rival Legg Mason In $4.5 Billion Deal
Franklin Resources has agreed to pay Legg Mason $50 per share, while also assuming its $2 billion debt. 
Franklin Resources has agreed to pay Legg Mason $50 per share, while also assuming its $2 billion debt. -
BlackRock Announces Bold Plan To Promote Environmental Responsibility
BlackRock Inc revealed that it will be pulling out its investments in thermal coal producers and voting against management of companies that do not adhere to its environmental guidelines. 
BlackRock Inc revealed that it will be pulling out its investments in thermal coal producers and voting against management of companies that do not adhere to its environmental guidelines. -
BlackRock Beats Expectations With Nearly $7 Trillion In Managed Assets
BlackRock increased its overall managed assets by $84.25 billion in its latest quarter, bringing the company's total managed assets to $6.96 trillion. 
BlackRock increased its overall managed assets by $84.25 billion in its latest quarter, bringing the company's total managed assets to $6.96 trillion. -
World’s Largest Money Manager Seeks Help To Strengthen China Foothold
With the aim of being a major player in China’s $1.8 trillion domestic mutual-fund industry, BlackRock considers Chinese partners. 
With the aim of being a major player in China’s $1.8 trillion domestic mutual-fund industry, BlackRock considers Chinese partners. -
UBS Seeking Joint Venture In Japan To Tap $17 Trillion Market
UBS Group AG announced plans to partner with Japan's Sumitomo Mitsui to establish a joint venture company by 2021. 
UBS Group AG announced plans to partner with Japan's Sumitomo Mitsui to establish a joint venture company by 2021.
