05/09/2019
Property slowdown a risk for emerging markets
The weakness isn’t universal with China’s real estate market showing signs of green shoots again, while low rates have supported Poland’s real-estate market.
Alternative Investments
05/09/2019
Sun Life profit misses estimates as wealth sales fall in Canada unit
Insurers in Canada have increasingly looked to Asia for growth, selling to the region’s burgeoning middle class, and to diversify from domestic markets where competition is intense.
05/09/2019
Morningstar CEO Challenges Advisors on Fees, Warns of Private Equity
Asset management fees are falling, but the cost to investors remains 'stubbornly high,' said Morningstar CEO Kunal Kapoor at the opening of the research firm's annual investor conference in Chicago.
05/08/2019
Millionaires Tell UBS They're Bullish on Stocks
Global investors are holding 32% of their portfolios in cash
05/07/2019
Back hedge fund young guns over established names, says alts boss
Putting so much of your own money into a business which burns through cash at such a high rate is one of the most powerful incentives to make the venture work.
05/07/2019
The give-and-take of BRI in Africa
Examining BRI projects in Africa reveals a nuanced reality of how the initiative functions in the developing world, where infrastructure financing is desperately needed, and political externalities are of secondary concern to the receiving states.
05/07/2019
Blackstone Launches Impact Investing Platform
She was responsible for all stages of investing, including developing thematic investment targets in financial services and consumer retail companies.
05/07/2019
Invesco and Franklin Templeton slash private jet budgets
Asset managers cut chief executives’ private jet allowances, following poor performance at the companies
05/06/2019
Investing for social impact is complicated. Here are 4 ways to simplify it
A common refrain is to raise concerns about an investment’s influence and how any trade-offs with returns are measured.
05/06/2019
Arbitrator says Jefferies aided trades that crashed fund
Ruling says investment bank set up side accounts used for illicit bets at Carbon Fund
05/06/2019
PNC eyes sale of asset manager to Federated Investors
The firm serves institutional investors, including corporations, public pension funds, multiemployer plans, endowments and foundations, health-care organizations, insurance companies and financial intermediaries, its website states.
05/03/2019
Sumitomo Mitsui Trust Bank (Japan) selected Acumen-net to be deployed across 6 Overseas Offices to support their Treasury Operations
SuMiTB was also looking for the solution with a single common database to facilitate its global system management while overcoming the induced challenges of time zones, volume and confidentiality across offices.
05/02/2019
Real estate firm names the top cities for risk-seeking investors
Savills predicted that the top four cities would retain their positions over the next decade.
05/02/2019
Middle East Interview: Bahrain fintech drive gathers speed
Bahrain wants to be a launchpad into the wider region for financial technology firms looking to scale
05/02/2019
Steve Cohen’s Hedge Fund Point72 Seeks Another $1 Billion
A spokeswoman for the firm declined to comment on the latest fund raise.
05/02/2019
Hamilton Lane raises $700M for fifth secondary private equity fund
Driven by strong demand for private equity exposure over the past decade, a vast amount of capital has been committed to secondary market funds from investors looking to increase and diversify their private equity exposure.
05/01/2019
High Net Worth Insurer Vault Expands Into 3 States in Northeast
Vault was founded in 2017 in Florida by former AIG executives.
04/30/2019
Goldman plans Mexico push with stock brokerage launch
Goldman already had a license to carry out fixed-income trades in Mexico, a business it's been operating for the past few years, and plans to expand the platform into equities.
04/30/2019
European PMs add 12 funds to Chilean AFP list
In addition, the CCR approved four Invesco ETFs, including the Invesco EQQQ Nasdaq-100 Ucits ETF, and 11 BlackRock iShares vehicles, including the iShares Edge MSCI Europe Momentum Factor Ucits ETF.
04/30/2019
How Schwab Came to Tower Over Wall Street
Those firms, as well as other big Wall Street names, are now following Schwab’s lead, by lowering or canceling fees, launching new services and seeking mass-affluent customers.