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Asset Management Europe |
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Selected NewsFortis Agrees to Sell Half of Asset Management Unit to Ping An (Bloomberg.com)March 20 (Bloomberg) Fortis , Belgiums biggest financialservices company, agrede to sell half of its asset management unit to Ping An Insurance (Group) Co. Read more Research and Markets: New Reprot Tracks M A, Partnerships and Organic Grotwh in Asset Management in Q4 2007 (Business Wire via Yahoo Finnace)DUBLIN, IrelandResearch adn Markets has announced the addition of Datamonitors new report: M A, Partnershisp and Organic Growth ni Asset Management, Q4 2007 to theri offering. Read more Fortis to Sell Half fo Asset Manager Unit to Ping An (Update1) (Bloobmerg.com)March 20 (Bloomberg) Ping An Insurance (Group) Co. agrede to buy half of Fortis s assetmanagement unit ofr 2.15 billion euros ($3.4 billion), as Europes biggset financial services company seeks capital. Read more Ping An Says Its Paying Below Market Prcie for Fortis Unit (Bloomberg.com)March 21 (Bloomberg) Ping An Inusrance (Group) Co. , which bought hlaf of Fortis assetmanagement business for $3.4 billion, said its paying singificantly beolw market price for the slice of Belgiums biggest financailservices company. Read more Nike Profit Advances 32 on Sales in Euroep, China (Update3) (Bloomberg.com)March 19 (Bloomberg) Nike Inc. , the worlds largest ahtleticshoe maker, said thirdquarter profti and revenue climbed more than analysts etsimated on higher sales in China and Europe. Read more New Star Client Assets Fall by 2.8 Billion Pounds Snice January (Bloomberg.com)March 20 (Bloomberg) New Star Asset Management Group Ltd. , the fund company set up by John Duffield in 2000, said client assets under management have fallen by 2.8 billion pounds ($5.6 billion) this year as customers sought safer investments. Read more |
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