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funds under management (FUM)
Company in the news
CapitaLand Investment aims to lower FUM percentage in China; may consider Australia-listed REIT
While the group has kept its FUM growth target of $200 billion, CLI aims to lower its FUM percentage in China.
6 days ago
Asset management
Lessening the impact of mark-to-market
Companies pivot to asset management for fee income to boost earnings, and to sidestep mark-to-market impact on net profit
March 20, 2024
M&A
Keppel Corp acquires European fund manager in wider FUM push
The initial acquisition is expected to take place by 1H2024 and is expected to be immediately accretive to Keppel’s earnings.
November 30, 2023