About Asset Management
Asset management refers to systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets and to intangible assets.
Zhongzhi Enterprise Group: China investigates major shadow bank for 'crimes'
... Zhongzhi Enterprise Group (ZEG) has an Asset Management arm that at its peak reportedly handled more than a trillion yuan ($139bn; £110bn)...
US presidential election 2024: The Republicans challenging Donald Trump
... He ran a pharmaceutical company from 2014 to 2021, then co-founded Strive Asset Management, which shirks the " divisive" environmental, social and corporate governance (ESG) framework and offers itself as an alternative to large firms like Blackrock...
Big banks linked to products with pangolin and leopard parts
... It added that the EIA report includes a response from HSBC Global Asset Management Canada that the company s " investments in the TCM companies were limited to passive or tracker funds rather than actively managed funds"...
Former Bank of England boss to head Bloomberg board
... Mr Carney is expected to continue in his role as chairman of Canadian investment firm Brookfield Asset Management...
Deflation: Why falling prices in China raise concerns
... " There is no secret sauce that could be applied to lift inflation, " says Daniel Murray from investment firm EFG Asset Management...
Odey firm to be broken up after harassment claims against its founder
...Hedge fund giant Odey Asset Management (OAM) will be broken up, days after allegations of sexual harassment against its founder emerged...
Crispin Odey: City boss quits firm after sexual misconduct claims
... Crispin Odey s departure from Odey Asset Management follows a Financial Times report that 13 women accused him of sexual harassment or assault over 25 years...
Odey Asset Management City probed as sexual harassment claims emerge
... Odey Asset Management declined to comment...
Former Bank of England boss to head Bloomberg board
By Peter HoskinsBusiness reporter
Former governor of The Bank of England Mark Carney has been appointed as The Chairman of a new board of directors at US financial and media firm Bloomberg.
Bloomberg's head of product Vlad Kliatchko was also named as chief executive officer in The Major shakeup of The Company 's management.
The Bbc understands The Firm 's founder, 81-year-old Michael Bloomberg , made The Announcement in an Email to staff.
Mr Carney has previously worked with Mr Bloomberg on climate-related projects.
Mr Kliatchko's promotion comes as speculation has been growing about succession plans at The Company .
Under the reshuffle, more new board members will be appointed " in short order" and existing members will be given honorary positions.
Mr Bloomberg's Email - which was first reported by The Information Website - also made it clear that he would stay at The Firm and was " not going anywhere".
Mr Carney is expected to continue in his role as chairman of Canadian investment firm Brookfield Asset Management .
Bloomberg did not immediately respond to a BBC request for comment.
Mr Carney, who currently serves as United Nations special envoy on Climate Action and finance, became The Governor of The Bank of England In July 2013 and stood down from The Role in March 2020.
Before that he was The Governor of his Home Country 's Central Bank , The Bank of Canada.
He also held positions in Canada's finance department and Wall Street investment bank Goldman Sachs .
Mr Bloomberg, who was The Mayor of New York City from 2002 to 2013, founded Bloomberg LP in 1981 and is a philanthropist.
He returned to Bloomberg in 2014, Taking Over from then-chief executive Daniel Doctoroff.
Mr Bloomberg stood as a candidate for the 2020 Democratic nomination for US president before dropping out of The Race after three months.
Related TopicsSource of news: bbc.com
