05/15/2019
Like many other mutual fund firms, Legg Mason has been hit hard by investors’ shifting tastes for less expensive index funds offered by larger firms, including Vanguard Group.
05/15/2019
But after disastrous bets on Valeant Pharmaceuticals and Herbalife crippled the fund, Pershing Square was forced to settle for the ninth floor. Ackman rented the 10th floor out.
05/15/2019
This is also the first companywide goal announced since ACE Limited acquired The Chubb Corporation and adopted the Chubb name globally in 2016.
05/14/2019
With $268 billion in client assets, Advisor Group dwarfs the size of any firm that has sold so far this year.
05/14/2019
This quarter's results reinforce the benefits of diversification of our investment management platform across asset classes
05/13/2019
Combination of Aladdin and eFront Sets New Standard in Investment Management Technology
05/13/2019
The deal will also see Natixis Investment Managers CEO Jean Raby joining the board of Fiera Capital while the Canadian manager will repurchase for cancellation 2.45 million Fiera Class A shares from National Bank of Canada.
05/10/2019
Commonfund Capital’s secondary investment experience dates back to 1993
05/10/2019
The fund was at the heart of the scandal that brought down the Dubai-based buyout group
05/10/2019
The operational changes will make it ‘better positioned to organically grow assets’
05/10/2019
Structured Finance team accepts award at GlobalCapital's US Securitization Awards event
05/09/2019
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.
05/09/2019
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
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
Global investors are holding 32% of their portfolios in cash
05/07/2019
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
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
She was responsible for all stages of investing, including developing thematic investment targets in financial services and consumer retail companies.
05/07/2019
Asset managers cut chief executives’ private jet allowances, following poor performance at the companies
05/06/2019
A common refrain is to raise concerns about an investment’s influence and how any trade-offs with returns are measured.