Manager
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US risks losing ‘reliable investment’ status, Allianz Global Investors manager says
[LONDON] Inside one of Europe’s biggest asset managers, there’s growing concern that Republican efforts to gut legislation supporting key industries such as clean energy may result in the US losing…
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Rich Japanese still fear a yen crash, UBS wealth manager says
[NEW YORK] Speculators and much of the investing world have turned optimistic on the yen as Trump’s trade war keeps markets on edge. But there’s one key holdout that is…
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Mapletree Logistics Trust’s Q4 DPU falls 11.6%; manager warns trade tensions could weigh on performance
[SINGAPORE] Lower revenue contribution from China and weak regional currencies crimped Mapletree Logistics Trust’s (MLT) earnings for its fourth quarter, with distribution per unit (DPU) falling 11.6 per cent to…
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Stoneweg E-Reit manager unveils proposed conversion to stapled group
The move will enhance corporate structure and has potential to optimise tax efficiency and the holding structure of properties, its manager notes [SINGAPORE] The manager of Stoneweg European Reit (Stoneweg…
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Deutsche Bank Asset Manager DWS Fined 25 Mn Euros For ‘Greenwashing’
Deutsche Bank’s asset management arm DWS was hit Wednesday with a 25-million-euro ($27-million) fine over misleading advertising for supposedly sustainable products, with activists hailing one of the world’s biggest ever…
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Temasek’s asset manager Seviora expands to the Middle East
[SINGAPORE] Seviora Group, an asset manager that is wholly owned by Temasek, is widening its reach by opening its first office in the Middle East. With US$54 billion in assets…
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Majority of Chocolate Finance withdrawal requests have been fulfilled, says fund manager
[SINGAPORE] As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been successfully paid out, said…
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Chocolate Finance: Bank or fund manager?
The two may have overlapping traits, but industry watchers say the differences must be made obvious to customers [SINGAPORE] For less-savvy investors, wealth investing platform Chocolate Finance appears to offer…
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Trump Campaign Manager Reveals Shock At ‘Some Stuff’ Inside Project 2025: ‘Where The Hell Did That Come From?’
President Donald Trump’s former campaign manager revealed the operation was oftentimes surprised at some of Project 2025’s boldest ideas. The comments reveal inside knowledge at the initiative despite the campaign…
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Tesla Manager Was Fired After Speaking Out Against Musk’s Nazi Salute
Tesla manager Jared Ottmann was fired in a “retaliatory” move for calling out CEO Elon Musk for name-dropping Nazi murderers—and Tesla for staying silent. Last month, Ottmann, a longtime Tesla…
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Former manager at DBS Bank admits cheating 4 clients of S$348k
A WEALTH planning manager with DBS Bank cheated four of his clients of S$348,000 in total by duping them into investing in fictitious fixed deposits with “attractive terms”. Pang Yuheng,…
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Prime US Reit posts 51.6% fall in H2 DPU as manager continues to retain funds for capex
PRIME US Reit, which focuses on office buildings in the US, saw its distribution per unit (DPU) fall 51.6 per cent to 0.11 US cent for the six months ended…
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Keppel Reit H2 2024 DPU falls 3.4 per cent to S$0.028; manager confident of strong Singapore office demand
DPU fall comes despite a 13.6% increase in H2 FY2024 net property income to S$105.1 million THE manager of Keppel Real Estate Investment Trust (Reit) reported distribution per unit (DPU)…
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No major impact from Johor data centres, US export ban: Keppel DC Reit manager – The Business Times
NEW data centres in Johor, Malaysia, and the US chip export ban are unlikely to have a big impact on Keppel DC Reit, said the manager on Friday (Jan 24).…
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World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest to over 5% ASSET manager BlackRock is Yangzijiang Shipbuilding’s…
