11/06/2023
Wells Fargo and Allspring Collaborate on New Money Market Fund Share Class to Benefit Native American Communities
Allspring Government Money Market Fund’s Tribal Inclusion Class will be distributed exclusively through Wells Fargo
Alternative Investments
11/06/2023
Hedge funds pile into US stock rally at fastest pace in 2 years - Goldman Sachs
All three major U.S. stock market indexes soared into Friday after a multi-session rally - five consecutive days for the S&P 500 and six for the Nasdaq - to nab their biggest one-week percentage gains of 2023, so far.
11/06/2023
CalPERS to Double Climate Investments, Consider Asset Sales
Staff of the California Public Employees' Retirement System said the plan will boost returns for the $444 billion system
11/03/2023
US asset managers suffer as investors sit on cash
T Rowe Price, Franklin Templeton and AllianceBernstein are among fund groups hit by higher interest rates
11/02/2023
Morgan Stanley launches American Resilience Equity Fund for UK investors
The fund seeks to invest exclusively in “reasonably priced businesses that can sustain their high returns on operating capital over the long term”.
11/02/2023
LarrainVial Asset Management picks J.P. Morgan for custody services
“They have already proven to be a strong, strategic partner and we are confident they will help support our global growth ambitions.”
11/02/2023
Sequoia Financial Group Introduces Sequoia Sentinel, Family Office Dedicated to Serving Ultra High Net Worth Clients
The Sequoia Sentinel Family Office team is a highly trained group of professionals who have significant expertise in solving the complex issues of wealthy families.
11/01/2023
London, New York, Paris: which capital's property market is currently strongest?
The long-term rival cities have been competing for post-pandemic recovery metrics, and London has come out on top in terms of prime property value.
11/01/2023
Morgan Stanley Infrastructure Partners Completes Investment in Valoriza Servicios Medioambientales S.A.
Valoriza operates a concession-based business, with medium to long-term contracts with local municipalities that are inflation-linked with limited volume exposure.
11/01/2023
Allstate, Allianz invest $265 million in Next Insurance in a big bet on insuretech
Next Insurance is entering a strategic partnership with Allstate to develop products including commercial auto policies and extending its existing reinsurance relationship with Allianz.
11/01/2023
Wealth Professional's Top 40 under 40 Rising Stars for 2023
With investment acumen, passion for learning, and focus on holistic planning, these are the individuals pushing the industry to new heights
10/31/2023
Lightyear enters exchange traded commodities with gold launch
The new investment offering adds to more than 3,500 stocks, exchange traded funds and money market funds
10/31/2023
New IG Wealth Management Mutual Funds Seek Stable Income and Access to Canadian Dividend Investing
We're thrilled to launch the new iProfile Monthly Income Portfolios
10/31/2023
Performance Wealth Ranked on Forbes Top RIA Firms List 2023
Honor Falls Closely on the Heels of CEO Thomas Salvino Ranking 1st in Illinois on Barron's 2023 Top Independent Advisors List
10/31/2023
US Solar fund unveils revised investment policy
Sets AGM date
10/31/2023
PJT pays $762k, is hiring, and people love to work there
Pay is up by virtue of PJT's healthy revenues.
10/31/2023
Wilshire to Acquire Lyxor Asset Management Inc., a Leading Alternative Investment Provider, from Amundi
Combination expands Wilshire’s alternatives offerings and implementation capabilities to serve hedge fund and asset owner community
10/31/2023
When you leave Goldman Sachs to work 70-80 hour weeks at KKR
Augier's experience is not abnormal.
10/30/2023
abrdn completes acquisition of US specialist healthcare closed-end funds
Telka Capital Management
10/27/2023
Financial Resources Group Investment Services Announces Partnership with Wealth E&P
Firm joins LPL Financial's largest enterprise