SASAC will decide whether to set up asset-management companies according to the development.
Quotes about asset-management (6 Quotes)
I'm not interested in being a GM. My passion is doing the things I'm doing with the asset-management company ... and my car dealerships.
This would be the capstone of this grand project of Chip's, to transform what was a regional brokerage into a global asset-management firm.
We're not a technology company -- we're an asset-management company. That may be why we've been so successful at deploying RFID We're starting with the end-use in mind, not the technology.
Domestic banks have experience and expertise in managing investment in low-risk bonds based on their long-history in asset-management businesses. It's good for ICBC to pursue the plan.
Maybe some of their money managers think, like I do, that the stock is cheap because they aren't going bankrupt. Morgan Stanley has a huge asset-management business, so it's not like they're betting the ranch on GM.