Published by Asia Asset Management – 16th Aug 2017
Canada’s Manulife Asset Management (Manulife Asset) scored a big fixed income mandate in the second quarter, which helped its parent, insurance giant Manulife Financial Corp (Manulife Financial), achieve a record C$1.1 trillion (US$790 billion) in total assets under management and administration as at end-June.
Deutsche Bank dropped out of the world’s top 15 private banks in 2016, a year marked by negative headlines for Germany’s biggest lender, rankings by wealth management researcher Scorpio Partnership showed on Monday.
Published by Institutional Investor Journals – 7th Aug 2017
Various studies report that investing in “sin stocks”, that is firms which make money from human vice, such as alcohol, tobacco, gambling and weapons, has historically delivered significantly positive abnormal returns. This finding has inspired the hypothesis that sin stocks are being shunned to such an extent that they end up being systematically underpriced, enabling other investors, who are willing to bear the reputation risk involved with investing in these stocks, to earn a return premium.