Asset manager Matthews International Capital Management LLC is closing its Shanghai office, adding to the list of global firms that have cut back on operations in China. This decision comes as a surprise to many in the investment management industry, as China has been a key market for international firms looking to expand their presence in the region.
The Needham Aggressive Growth Fund, which has a coveted five-star rating within Morningstar's “Small Growth” fund category, has been attracting a lot of attention from investors. The fund's success can be attributed to its top portfolio manager, who has consistently delivered strong returns while effectively managing risk. In a recent interview, the portfolio manager shared insights on how to secure strong returns and limit risk, before highlighting three stocks that are poised for growth.
On International Women's Day, Rajasa K, a fund manager at Franklin Templeton mutual fund, shared her thoughts on the increasing role of women in the Indian mutual fund industry. She believes that it is only a matter of time before women in the industry achieve equal representation and recognition for their contributions.
JPMorgan Chase & Co. is making strategic moves to expand its asset management business in China, the world's second-largest economy. The company has announced plans to continue hiring in the region as it targets growth opportunities in the rapidly evolving market.
John Barr, a top portfolio manager known for his long-term approach to investing, has been patiently waiting for selected companies to reach their full potential. The Needham Aggressive Growth Fund, which he manages, has seen significant success under his leadership, attracting investors seeking strong returns over the long term.
The head of the world's second-largest money manager has overseen rapid growth in recent years but has also faced criticism over the company's environmental practices. Despite these challenges, the manager remains focused on driving sustainable growth and addressing climate concerns.
Three major firms, including JPMorgan Asset Management, BlackRock, and State Street Global Advisors, have recently announced their exit from the Climate Action pressure group. This decision has raised questions about the commitment of the asset management industry to addressing climate change and promoting sustainable investing practices.
BlackRock, the world's largest asset manager, has announced plans to acquire the remaining stake in SpiderRock Advisors. This move is part of BlackRock's strategy to expand its offerings and strengthen its position in the competitive asset management market.
