Having noted speculation about the "potential disposal" of the unit, Barclays confirmed "that it has held discussions with a number of potentially interested parties." Press reports peg media that it was peddling BGI's iShares unit. The 113-year-old bank on Monday confirmed reports in the U.K. institutionalįor now, guessing at the motivation of Barclays is just that, guesswork. Last year Barclays bought the remains of Lehman Bros., signaling an investment in the U.S. ![]() Making a major commitment to building its non-consumer franchise in America. Then again, it's equally plausible Barclays sees the sale as an opportunity to ditch a strong consumer-focused arm of an otherwise institutionally oriented unit at a time the parent is This would save Barclays from toeing the bureaucratic line on matters large and small, a desire thatĬitigroup ( C, Fortune 500) and AIG ( AIG, Fortune 500) executives in the U.S. Raise money so it can avoid taking on the United Kingdom government as an investor. The first explanation is the conventional wisdom, that Barclays aims to Then again, they also giveĬompanies cover to make tough decisions that inertia might ordinarily prevent.Ĭonsider two reasons the British bank Barclays ( BCS) is shopping its lucrative iSharesĮxchange-traded funds business, a division of its San Francisco-based asset manager, Barclays Global Investors. Details on the conference, including agenda, past attendee statistics and sponsor information can be found at FRANCISCO (Fortune) - Desperate times call for desperate measures, like conducting fire sales of prized assets in order to bolster capital reserves. Designed exclusively for Financial Advisors, this conference allows you to interact with experts in the Alternative Investment industry in a unique, virtual environment, avoiding the hassles and costs of traveling. The virtual showroom features keynote speakers, panel webinars, an exhibitor hall, a networking lounge and hot topic forums. ETF Trends and RIA Database host this complimentary, interactive conference that exists completely online. The Alts Virtual Summit is the leading Alternative Investment conference for financial advisors. Details on the conference, including agenda, past attendee statistics and sponsor information can be found at Alts Virtual Designed exclusively for Financial Advisors, this conference allows you to interact with experts in the ETF industry in a unique, virtual environment, avoiding the hassles and costs of traveling. ![]() The ETF Virtual Summit is the largest exchange traded fund (ETF) investment conference in the world. He is Co-Founder of Virtual Summits, educational virtual events for financial advisors. Lydon is the author of The ETF Trend Following Playbook, as well as iMoney: Profitable Exchange-Traded Fund Strategies for Every Investor. Lydon helped create the CNBC Model ETF Portfolios. Lydon serves on the Board of Directors for U.S. He has been involved in money management for more than 25 years. Lydon is also CEO of Global Trends Investments, an investment advisory firm specializing in the creation of customized portfolios for high-net worth individuals. Tom Lydon is editor and publisher of ETF Trends, a website with daily news and commentary about the fast-changing trends in the exchange traded fund (ETF) industry.
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