Hints and tips:
...The Company is also considering how best to resolve claims and preserve the residual value of its assets, including its proprietary technology and tax assets....
...The premium valuation compares with a relatively slim asset base, according to filings....
...A refinery is made up of multiple divisions, including the unit that distils crude into various components to be processed into fuels such as gasoline and diesel and the entity that converts heavy residual...
...It is unclear whether AMG is still interested in the asset. Old Mutual, OMAM, HNA, TPG, Advent and AMG declined to comment....
...Assets at Europe’s largest automobile financial services provider increased nearly 15 per cent to €157.9bn, writes Patrick McGee in Frankfurt....
...Old Mutual launched OM Asset Management on the New York Stock Exchange in October at $14 a share, valuing it at $1.68bn — lower than its hoped-for price tag....
...The big question is how sustainable it is for an asset manager (the multi-boutique firm) to invest in asset managers (the hedge funds) that in turn manage the money of asset managers (the pension funds)...
...The Anglo South African group sold shares in OM Asset Management at $14 a share, outside the initial range of between $15 and $17....
...“The primary focus for us is on aircraft values, and predicting residual values, really being close to those values,” he says....
...“Our strategists believe emerging markets offer attractive valuations and if the high projected returns deliver, the asset class should display strong investor demand.”...
...He still enjoys residual support among the working class, rural Russians, and the elderly – however much Moscow’s “demonstrators in mink” may be turning against him....
...the way for Darty, Kesa’s remaining business, to return to the French stock market where Darty is the undisputed market leader and has been gaining market share, whilst leaving Kesa shareholders with a residual...
...The residual stake – 11 per cent before Tuesday’s sale – was kept in Citi Holdings, the bank’s portfolio of non-core assets that it is looking to wind down or sell....
...The risk-weighted asset transferred to the IB, and this is a fairly decent measure of risk, is about $30 billion, so their risk-weighted assets go up by $30 billion....
..., asset-free, operating business,” said Christopher Hogbin, analyst at Bernstein Research....
...We expect to realise substantial returns from continuing business improvements and Harbinger’s ability to enhance the value of the asset portfolio.”...
...I understand that Drago Stefanescu, a senior Teachers executive, convened a meeting in London last week at which UBS Global Asset Management and Invesco were among the attendees....
...The second issue is what to do with with its asset management business, LGIM, which some fear could lose its leading edge without substantial investment, but which has still been attracting the attentions...
Cruise operator performs in otherwise choppy London waters
...The broker forecast platinum to rise 23 per cent within the next three years as the credit crisis drives demand for hard, high-value assets....
...Fitch rightly flagged up the potential problem of depreciating “residual value” back in October....
...The loans will be secured by all of the LLC’s assets and will be repaid from cash flows produced by these assets as well as the proceeds from any sales of these assets....
...But other Spanish energy groups have lost a third of their value since July, so those assets are now worth far less; that means more residual debt sitting above shareholders....
...The UK state is not admired for its asset trading skills. Think of the £3.3bn lost on sterling in 1992....
International Edition