- Barrons.com•2 months ago
No one knows what the Federal Reserve or its central-bank peers are going to do, much less what a Donald Trump presidency would bring. Australia’s Macquarie Group (ticker:ticker::MQG.Australia) is more than just a plain-vanilla global bank. The bank’s asset-management unit, which generates about one-third of its revenue, created an infrastructure fund that brings in many co-investors, thus limiting Macquarie’s risk while enabling it to participate in big, lucrative projects.
- Reuters•3 months ago
AIA Group Ltd, the world's second-largest life insurer by market value, said new business jumped 44 percent on a constant exchange rate basis as demand surged in Hong Kong and China, despite slowing economic growth in the mainland. New business indicates expected profit from new premiums - a key yardstick for growth at AIA, which listed in Hong Kong in 2010 after a spin-off from bailed-out U.S. insurer AIG. AIA said in a statement on Friday that the value of new business rose to a record $578 million in the quarter from $425 million a year earlier.
AIA Group LimitedHKSE
|52wk Range||36.85 - 51.40|
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