There are a variety of ways they can deal with assets that might present a conflict, including placing them in a blind trust, or selling them.
But the practical message, recalls one former division chief, was: "Don't deal with assets who could pose political risks". A similar signal is being sent now, he warns.
Judge David Waksman, who is in charge of the London mercantile court, ordered Ilyas Khrapunov to pay damages and interest to BTA Bank after he was found to be liable for conspiring with the bank's former chairman, his father-in-law Mukhtar Ablyazov, to deal with assets in breach of a freezing order.
If an EM imposes capital controls to deal with asset bubbles, that's probably a good thing.
In financial engineering, volatility in the stock return processes is one of crucial factors when we deal with asset pricing and risk management.
"If one means by monetary policy the instrument of short-term interest rates, then I agree that monetary policy is not well-suited to deal with asset bubbles.
Several economists have argued convincingly, for instance, that low policy rates fuelled broader leverage growth in securitised markets.Monetary policy may be a blunt tool to deal with asset bubbles.
Barclays also says that some clients will not deal with asset-management firms that are part of investment banks, because of regulatory restrictions or concerns about conflicts of interest.Whatever the reasons, banks are now reconsidering the advantages of owning a fund manager.
The Industrial Finance, Logistics and Development segment deals with asset management, infrastructure financing, corporate financing, and leasing.
For an industrial company dealing with physical assets and goods, the balance sheet presents a reasonable picture of productive assets and the income statement provides a reasonable approximation of expenses required to create shareholder value.
