"We're through the first stage, " says Mark Richardson, New York-based chief executive officer for Chase Asset Management.
Mr Ferrand was European chief operating officer for international asset management firm Aegon.
Intel announced this Processor ID in January as a tool for corporate asset management and e-commerce, but privacy advocates cried foul.
If the company reports strong results for the asset management division in the first few quarters of 2011, there could be upside to our forecasts.
He said there was "a healthy pipeline of new business", and despite difficult market conditions since the start of the year, the outlook for Aberdeen Asset Management looked "favourable".
For the Asset Management division, the fee as percentage of assets under management decreased from 0.7% in 2005 to 0.2% in 2009, with Morgan Stanley cutting fees to hold on to clients in an increasingly competitive market.
"Job creation clearly sputtered in March, " said Eric Lascelles, chief economist for RBC Global Asset Management.
Martin Fridson is Global Credit Strategist for BNP Paribas Asset Management, Inc.
This has become a problem for big asset-management companies, who are losing their brightest minds to the hedge fund industry.
Her old job: global chief investment officer for Goldman Sachs Asset Management.
"If they have clouded their judgment, we will have to use somebody else for advice, " added Mr. Kailunas, whose firm relies on Goldman for research and asset management.
"You're trying to second-guess politicians and as an investor, that's a really bad position to be in, " says Alec Letchfield, head of U.K. equities for HSBC Global Asset Management in London.
"It works best if you're rubbing shoulders with other entrepreneurs, going on to the next deal with your buddies, " says Jeremiah Doyle, an estate planner for Mellon Private Asset Management in Boston.
"The market reaction to the Greek deal has been fairly muted because it was expected, it was more or less a done deal, " said Yoji Takeda, head of Asian equities for RBC Global Asset Management in Hong Kong.
Brett Hammond, chief investment strategist for TIAA-CREF Asset Management, sees things from a slightly different perspective.
It could launch its own hedge fund, offer new credit products or even enter asset management for high-net-worth clients.
The Asset Management Group segment includes personal wealth management for high net worth and ultra high net worth clients and institutional asset management.
Although the region as a whole lags regulatory development, it will soon become priority subject matter for all local asset-management companies.
WSJ: Pimco's Guiding Asia-Pacific's Investor Evolution: Ki Myung Hong
"The market has yet to bottom, and volatility will likely remain for another month, " said Yoshihiro Okumura, general manager for research at Chibagin Asset Management.
"It was a very fast-moving market today, but the data for trading volume and value, while robust, were not terribly high relative to last Thursday's selloff, " said Yoshihiro Okumura, general manager for research at Chibagin Asset Management.
This year commodities and emerging market equities are proving to be constraints on the asset management returns for Goldman.
FORBES: Goldman Sachs Gets To $164, No Thanks To Asset Management Biz
Morgan Asset Management, for example, lost a high-end apartment building in the Chinese city of Dalian to foreclosure last summer after sluggish sales put the firm in violation of loan covenants.
Last year, Citigroup (nyse: C - news - people ) swapped its asset management unit for Legg Mason 's (nyse: LM - news - people ) retail brokerage.
Not content to take a stake in a company and push for management change or asset realization strategies, Carl Icahn is increasingly submitting tender offers for companies, with recent deals showing unpromising results.
Money manager Dwight Asset Management, for example, now is considering changes in its asset mix, such as boosting allocations to government securities, "to appease the demands of some of the wrap providers, " says Matt Gleason, head of stable value.
Mr Mack has already noted Citigroup's recent swap of its asset-management arm for Legg Mason's brokerage operation.
Southeastern Asset Management, known for smart, contrarian stock picking, would suffer from the cheaply priced Dell buyout.
FORBES: Dell Buyout's Biggest Losers: Famed Investors Who Put Faith -- And Billions -- In Turnaround
REITs for other offences, as Orix Asset Management has found.
Yet, according to investigators working for British regulators, Morgan Grenfell Asset Management failed to assign any managers to check that this was how he spent his time at the office.
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