Polen International Equity Q2 Portfolio Changes
Polen International Equity fund made several portfolio adjustments in Q2, adding NOK and MUFG while exiting AIVAF and RNMBF.
28 stories found
Polen International Equity fund made several portfolio adjustments in Q2, adding NOK and MUFG while exiting AIVAF and RNMBF.
India's Birla Group is reportedly securing $1.5 billion from MUFG to finance the acquisition of Shell assets.
Axiom Space has increased its funding to $525 million with MUFG Bank as a new investor, as the startup competes to build a commercial replacement for the International Space Station by 2030.
Japan's Mitsubishi UFJ Financial Group (MUFG) is reportedly exploring various options for its stake in Indonesian lender Bank Danamon, including a potential take-private or a stake sale. This move comes as the bank evaluates its investment in the Indonesian financial institution.

Japan's Mitsubishi UFJ Financial Group (MUFG) is reportedly seeking to offload approximately $2 billion worth of its exposure to private credit loans. This move aims to reduce the bank's risk tied to these assets.
Mitsubishi UFJ Financial Group Inc. (MUFG) is actively seeking partners to help spread the risk associated with financing various deals.
MUFG Bank is actively seeking additional acquisitions, with nonbank financial companies identified as potential targets, following its recent $4.3 billion deal in India. The CEO did not rule out further market forays.
MUFG Bank is reportedly seeking more acquisitions after completing a $4.3 billion deal in India, indicating a strategy for continued expansion.
MUFG plans to closely monitor the liquidity impact of new loans as Japan increases its investment push into the United States.
MUFG Bank and Japan ICT Fund have announced an investment in May Mobility, a US-based startup specializing in self-driving technology.
Mitsubishi UFJ Financial Group (MUFG) reported a 48% increase in net income to ¥809.4 billion for the three months ended June 30, surpassing analysts' average estimate of ¥633.4 billion, concluding a strong quarter for Japanese banks.
Mitsubishi UFJ Financial Group (MUFG) has surpassed Toyota to become Japan's most valuable company for the first time. This shift marks a significant change in the Japanese corporate landscape.
MUFG is reportedly reviewing its stake in Bank Danamon.
Japan's largest lender MUFG and Mizuho Financial Group both announced substantial increases in their fourth-quarter profits. MUFG reported a 438% jump, while Mizuho's profit surged by 660%.
MUFG and Google are forming a strategic partnership to develop a new service that will assist customers with online shopping and payments using artificial intelligence.
Mitsubishi UFJ Financial Group (MUFG) is set to expand its operations in India by venturing into the real estate sector and increasing its offerings in forex derivatives.
The CEO of MUFG Bank announced that the institution is evaluating the possibility of offering higher interest rates on digital bank deposits.
Japan's largest bank, MUFG, is positioning itself to compete with global rivals for a share of the $1.3 trillion transaction-banking market, focusing on its competitive advantages in key Asian regions.
MUFG plans to closely monitor the liquidity impact of new loans as Japan increases its investment push into the United States, signaling potential shifts in financial flows.
MUFG announced a 48% surge in its first-quarter profit, primarily driven by higher loan margins. This significant increase reflects a strong financial performance for the Japanese banking giant.
The new CEO of MUFG, Japan's largest bank, has reignited ambitions to position the institution among the world's top five banks, reflecting growing confidence within Japanese banks forecasting another year of record profits due to rising rates and increased loan demand.
Naoyuki Kumon, formerly Societe Generale's head of Japan regional bank sales, has joined Morgan Stanley MUFG Securities in a similar role this week.
MUFG Bank, Sumitomo Mitsui Banking, and Mizuho Bank are expected to be granted access to Mythos as early as the end of May, following a visit by Bessent.
Japanese financial giant MUFG announced a partnership with Google to develop next-generation financial infrastructure, integrating AI for services like payments, asset management, and shopping support.
The head of lending at MUFG has indicated expectations for increased dealmaking activity across Asia in the near future.
MUFG Bank's CEO announced that the bank is actively seeking financing partners. The goal is to share the risks associated with buyouts.
The Tokyo High Court has upheld a nine-year prison sentence for a 47-year-old former MUFG banker, who was convicted of stealing assets worth ¥390 million from safe deposit boxes.
Japan's MUFG and the State Bank of India have formed a partnership to finance various projects, including mergers and acquisitions.