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The disposal and the alliance with Manulife represents another shift by Standard Life away from traditional insurance policies and towards asset management.
Conversely, the moving from group is less oriented towards asset resilience and more towards income resilience.
Spitzer has not yet made any motion towards asset management firms, but this settlement shows that he has a head of steam.
That points towards asset sales, and Lloyds has for many months been rumored to be looking into selling its insurance division Scottish Widows.
Fewer youths today are working towards asset acquisition and marriage.
Similar(55)
Out will go the economy dangerously skewed towards asset-price speculation.
That, combined with the cash that investors receive from the Bank, ought to nudge them towards assets offering better yields, like corporate debt and equity.
Art owned by charities, says the attorney-general, is "an asset like any other"; and the duty of trustees of charities towards assets is "to realise their value"—that is, to hold them as investments, or sell them.
A calmer year in Europe helped; so too did another 12 months of ultra-low interest rates, which prompted money to pour towards assets, like corporate bonds (chart 9), that offered a yield.
But, to make possible that a firm and their creditors use the mortgage system in case of financial distress, the firm's capital structure must be biased towards mortgage loans and their asset structure must be biased towards assets—such as land and buildings that can be pledged as mortgage collateral.
Introduce land reforms and raise taxation for the wealthy: We should work towards reducing asset inequality through redistributive land reforms but also through inheritance taxes, preventing monopoly of control over water, forests and mineral resources and reducing financial concentration.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com