Sentences with phrase «underlying asset management business»

Wow, Fortress is trading on a 1.5 Price / Cash multiple, i.e. the underlying asset management business is valued at only $ 513 million!

Not exact matches

Suni Harford joined UBS Asset Management as head of investments in July 2017 and is responsible for driving the investments business forward, working closely with the heads of the underlying investment areas.

This emphasis on earnings from operations as reported and on perceptions of growth by analysts and money managers permitted these people to ignore rather completely other factors that tend to be extremely important in any balanced analysis for which GAAP is useful: e.g., strength of financial positions; understanding the underlying business; and appraising management not only as operators and stock promoters, but also as investors of corporate assets and financiers of businesses.