09/21/2023
Cathie Wood’s Ark Investment Management buys Rize ETF as it pushes into Europe
Wall Street investor partners with Martin Gilbert on developing new funds
Alternative Investments
09/21/2023
State Street Opens New Global Headquarters
“Our new brand reflects our identity and the future of our organization
09/20/2023
Bank of America's inventor base exceeds 7,000
Located across 42 states and 14 countries, BofA inventors continue to build on its portfolio of more than 6,100 patents and applications.
09/20/2023
Al Jaber calls on private sector to usher in new era for sustainable climate finance
Dr. Al Jaber urged the exploration of innovative and new mechanisms which lower risk and expand private investment in bankable clean projects
09/20/2023
BlackRock joins Allfunds’ Alternative Partners programme
The combination of Allfunds’ technology and BlackRock’s investment expertise will streamline the complexities faced by wealth managers seeking to distribute private markets investments to their clients.
09/20/2023
State Street Opens New Global Headquarters
The new headquarters embraces the evolving needs of the workforce with flexible workstations and an environment built for increased collaboration and productivity.
09/19/2023
Everest Insurance establishes US wholesale division
The division comprises specialised wholesale segments, underwriters, and distribution teams
09/18/2023
Ray Dalio’s former right hand man says hedge funds are ‘too comfortable hiding high fees’
‘There is no good reason why private fund investors should have an opaque view of the fees they are being charged’
09/18/2023
AE Wealth Management Trims Position in Franklin Resources
The value of AE Wealth Management LLC’s holdings in Franklin Resources is approximately $16,867,000.
09/18/2023
Florida SBA hikes pay levels; portfolio managers gain most
The additional $3 million for staff salaries has pulled the SBA up to paying the same midpoint compensation level as peer pension funds, explained Lamar Taylor, interim executive director and CIO, in a recent board meeting.
09/18/2023
R&R Wealth Management Selects Commonwealth for Sophisticated Support
Family-owned firm cites Commonwealth’s retirement planning support, financial planning, and flexible financing capabilities as key decision drivers.
09/18/2023
Column-Funds on verge of long dollar flip: McGeever
The move away from a bearish dollar position and the dollar's rally over the last couple of months
09/18/2023
Making the banking industry more inclusive for all
Organisations thrive in a culture where everyone feels welcome and respected, regardless of their background
09/15/2023
Four new funds added to TILLIT platform
The latest additions provide our clients with a wider range of investment options empowering them to stay in control of their portfolio
09/15/2023
CAIS Expands Strategies of Leading Alternative Asset Managers Amid Accelerated Demand from Independent Advisors
Managers will participate in the second annual CAIS Alternative Investment Summit on October 16-18 in Los Angeles
09/15/2023
Scotia Global Asset Management announces sub-advisor change
There will be no change to the investment objectives of the Fund resulting from this change.
09/15/2023
US mutual P&C insurers record $31bn of underwriting loss
“Many insurers made adjustments to inflation guard factors, but the rapid onset of these trends made it difficult for rated mutuals to avoid the effects.”
09/15/2023
Apex Group continues North America expansion with new Montreal office
This growth is driven by increased demand from both new and existing clients for Apex Group
09/15/2023
Activist investor Politan Capital increases ownership in Azenta
Politan said it believed Azenta's stock, which closed at $50.77 on Thursday, was undervalued
09/15/2023
Biggest hedge funds have doubled footprint in US stocks since 2014, Goldman Sachs says
The U.S. stock market was worth about $46 trillion as of the end of July, according to the Securities Industry and Financial Markets Association.