Asset manager BlackRock sees profit rise, stock value remains a worry
BlackRock reported a net profit of USD 2.21 billion for the quarter. Its adjusted earnings were USD 12.53 a share,…
Category: Asset Management
CI GAM expands customer access to international equity strategy
CI GAM’s VXM strategy focuses on undervalued international companies, providing diversification across regions and investment styles CI Global Asset Management…
Vanguard adds 17 new funds to Vanguard Investor Choice
The value of assets that Vanguard manages outside the United States has surpassed USD 1 trillion, with the company now…
BNP Paribas Asset Management eyes 350-billion-euro net inflows by 2030
By integrating the expertise of AXA IM, BNP Paribas Asset Management, and BNP Paribas REIM, the new platform now offers…
Brazil’s biggest asset manager urges investors to back bitcoin
Products like BITI11, a bitcoin ETF traded in Brazil, saw their performance in reais affected by the weakening fiat currency…
Saudi asset management sector on upward trajectory, say ratings agencies
A well-established asset management industry will offer Saudi Arabia’s youthful and expanding population a broader and more diversified selection of…
Diversification is key, weighs in on dollar versus gold: Billionaire Ray Dalio
In July 2025, Ray Dalio divested his final share in Bridgewater Associates, the hedge fund he started 50 years ago…
UAE’s 4% depreciation rule for fair value assets welcomed
Following the implementation of the new amendment, a taxable person can claim depreciation at an annual rate of 4% on…
PIF reports 19% assets growth, USD 171 billion invested in priority sectors since 2021
The findings demonstrate PIF’s growing contribution to Saudi Arabia’s economic development and the formation of international markets According to the…
La Trobe Financial champions retiree income
Retirees today face a complex and growing challenge: generating reliable, inflation-beating income while protecting their capital from market volatility. This…