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In a recent interview with Women’s Wear Daily (WWD), Baird Managing Director and Investment Banker Matthew Tingler shared his expectations for deal interest in the apparel sector to remain strong in 2019. Tingler explains: “The alternatives for the cash that’s on the balance sheets are dividends and share buybacks. Most corporations don’t do these because they’re not tax efficient.
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CIMB-Principal Asset Management Group today announced Juan Ignacio Eyzaguirre Baraona as the new Chief Executive Officer of ASEAN who will oversee businesses across the region including CIMB-Principal Asset Management Berhad and CIMB-Principal Islamic Asset Management Sdn Bhd in Malaysia, PT CIMB-Principal Asset Management in Indonesia, CIMB-Principal Asset Management Company Limited in Thailand and CIMB-Principal Asset Management Pte Ltd in Singapore.
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Incorporating artificial intelligence (AI) into back and middle office operations can focus data optimization strategies with the potential to increase productivity, drive revenue, improve security and manage risk for asset managers and asset owners, according to new white paper sponsored by Northern Trust. The paper, Harnessing the Power of Data with AI, is one in a series of thought leadership pieces from Northern Trust in conjunction with The Economist Intelligence Unit.