12/09/2024
Todd Boehly sets up $74 billion asset and insurance manager
New company to be managed by a newly formed exec committee
Alternative Investments
12/09/2024
Apollo and Santander Partner on a $370 Million Infrastructure Portfolio Financing
Across asset classes, Apollo targets deploying $50 billion in clean energy and climate investments through 2027 and sees the opportunity to deploy more than $100 billion by 2030.
12/06/2024
Eldridge Industries to Launch Eldridge, an Asset Management and Insurance Holding Company with $74 billion in AUM
Eldridge Wealth Solutions, an insurance and retirement solutions platform, will be comprised of Eldridge’s wholly owned insurance companies, Security Benefit and Everly Life.
12/05/2024
Aligne Wealth Advisors Investment Management (AWAIM®) Research Cited by Congressional Research Service
This recognition highlights AWAIM's dedication to delivering insightful and impactful economic analysis within the financial services industry.
12/05/2024
Edward Jones on look out for advisors as it expands presence in Canada
The firm has announced the opening of a new branch
12/04/2024
State Street Global Advisors’ 2025 Global Market Outlook: Finding the Right Path
Looking ahead, State Street Global Advisors expects rate cuts and macroeconomic resilience to continue in 2025, and its long-standing forecast of a US soft landing to materialize.
12/04/2024
QBE Re to increase US property catastrophe underwriting
Investment in the modelling and understanding of secondary perils has really only recently begun to catch up with that of hurricane and earthquake.
12/03/2024
BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade
The market is now roughly $1.6 trillion compared with $41 billion in 2000, according to Preqin.
12/02/2024
Planners-To-Be Overwhelmingly Want Firms Emphasizing Pro Bono Work
About 83% of aspiring CFP planners under 35 are “very likely” or “likely” to work at a firm encouraging pro bono policies, according to a new survey.
11/29/2024
US equity funds attract inflows for fourth successive week
Multi-cap and mid-cap funds, however, saw net outflows of $419 million and $137 million, respectively.
11/29/2024
Goldman Sachs AM: Falling rates will normalise private credit spreads
The asset manager has also predicted an increasing bifurcation between companies’ default risk based on their earnings growth.
11/29/2024
BlackRock agrees to buy HPS Investment Partners
BlackRock, the world’s largest asset manager, has been expanding its private credit unit
11/28/2024
Northern Trust Asset Management 2025 Global Investment Outlook: Expect U.S. Stocks to Outperform; High Yield Bond Market Is Attractive
In the fixed income market, income potential combined with generally higher credit quality make high yield bonds attractive for investors.
11/28/2024
Arthur J. Gallagher expands US presence with Shepard Insurance Group acquisition
Arthur J. Gallagher & Co., headquartered in Rolling Meadows, Illinois, is a leading global insurance brokerage and risk management services provider.
11/28/2024
JPMorgan wants some juniors to help it value private equity investments
Historically, PricingDirect has focused on fixed income products; this therefore seems to be a new beginning.
11/27/2024
Piemonte Holding launches an asset management company with an initial capital raise of R$1 billion.
Piemonte Capital will be the first asset manager focused on developing the data center sector in Brazil and Latin America.
11/27/2024
Richard Holt Recognized in 2024 NACD Directorship 100 for Excellence in Corporate Governance
Schwab Execs Look To Expand Lending To Ultra-Affluent
11/27/2024
LTX, A Broadridge Company, Announces Strategic Partnership with TransFICC to Improve Connectivity and Onboarding Speeds
Sell-side clients benefit from simplified integration and connectivity to LTX, reduced operational risk and implementation costs and improved time-to-market
11/27/2024
LPL Financial Welcomes Happier Wealth
They reported having served approximately $250 million in advisory, brokerage and retirement plan assets* and join LPL from Northwestern Mutual.
11/27/2024
ATB Financial Completes Acquisition of BCV Asset Management Inc., Expanding its Wealth Management Expertise
ATB Financial continues wealth management growth with strategic acquisition of leading portfolio management firm, BCV Asset Management Inc.