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Showing 11 - 20 of 163 results for "US Retail"

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... surging COVID-19 infections and deaths that, in turn, prompted the re-imposition of restrictions in a number of states. US retail sales dropped by 1.1% in the month of November, following a 0.1% fall in the previous month for its second straight month ...

Macquarie acquires US wealth manager

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... billion in assets under administration. On completion, the investment bank will sell the wealth management business to US retail investment advisory firm LPL Financial Holdings for US$300 million plus excess net assets and enter into a long-term partnership. ...

Morgan Stanley to acquire Eaton Vance

JAMIE WILLIAMSON  |  FRIDAY, 9 OCT 2020
... to the MSIM franchise. The combination will also enhance client opportunities, by bringing Eaton Vance's leading US retail distribution together with MSIM's international distribution." Morgan Stanley said the deal will enable it to generate ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... about gaining in market scale and extracting cost synergies," it said. "Both JHG and IVZ already have large established US retail businesses and footprints in Europe (refer to our business mix charts below). We would therefore expect cost synergies to ...

Impact investing in healthcare: American Century

ANNABELLE DICKSON  |  TUESDAY, 25 AUG 2020
... testing and over 100 in late stage testing, over 1500 active clinical trials are being conducted and over 70 million US retail prescriptions in 2019.

Perpetual launches two ESG funds

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... integrating ESG research. Perpetual has set the fees at 89bps per year (plus 15bps buy/sell spread). The equivalent US retail fund has been running since 1999 and has US$579 million in total assets. It is managed by Jim Madden, Matthew Patsky and Patrick ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... rate has declined to 11.1% in June from 13.3% in May and 14.7% in April - a record high...."spending is increasing". US retail sales soared by 17.7% in the month of May, more than reversing the record 14.7% slump in the previous month as businesses reopened ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... coronavirus has resurfaced in Beijing and, with it, the re-imposition of lockdowns. Have money, will travel. The latest US retail sales report - up 17.7% in May from April - underscores the power of money. Cheaper borrowing costs and money printing from ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... still have work are limited from spending due to social restriction regulations and business shutdowns. Not surprising, US retail sales plummeted by 8.7% in the month of March, with consumers only increasing their purchases of "food and beverages" (25.6%) ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... 1-1/2-Year High US Housing Starts Fall to Near 2-Year Low in March US Manufacturing Growth Holds Steady at Near 2-Year Low US Retail Sales Post Biggest Gain in 1-1/2 Years US Jobless Claims Drop to Fresh Low since 1969 US March Budget Gap Smaller than ...