One likely way forward is selling Commerzbank's badly performing asset-management units (cost-to-income ratio in 2001: 142%) and, as of last month, offering retail clients "best of breed" funds from competitors.
That's the pitch of so-called "absolute return" funds, a breed of mutual fund that is receiving more than its share of marketing dollars as investment management firms seek to capitalize on investors' fears.
Another ¥3.4 trillion, much of it pension money, was withdrawn from life companies in April and May.New age pensionsThe dominance of both life companies and trust banks is being eroded by a new breed of fund-management firm: investment advisory firms (known as IAs).
The markets have stabilized and so has our best-of-breed mutual fund list.
The Yield Recording Scheme of the breed was funded in part by the Department d'Agricultura, Alimentació i Acció Rural of the Catalonia government.
The Yield Recording Scheme of the breed was funded in part by the Departament d'Agricultura, Alimentació i Acció Rural of the Catalonia govern.
And following Jang's and Lee's lead, a new breed of homegrown funds, such as Woori Investment & Securities' private equity fund and SH Asset Management's Social Responsibility fund, have been in the news for their willingness to raise their voices and intervene in management.
And the new breed of hedge fund investors should over time get more comfortable handing cash to smaller managers.
For instance, science can breed businesses that fund more science.
Public funds were not immediately available for extensive genotyping of training populations, and neither seedstock breeders nor breed associations had funds to adopt this technology beforehand given the uncertain nature of its value.
The New York-based Tajima incorporates many disciplines — performance, architecture, graphic design, sculpture, even fashion — into her art, making for esoteric work that isn't necessarily an easy sell to the new breed of hedge-fund collectors.
