Managers of Wealth Americas

PE still dominates institutional investor mandates in H1

The California Public Employees’ Retirement System, which reported $8.6 billion in second-quarter mandates, accounted for much of June’s activity.

K1 Announces Strategic Growth Investment in AI-Powered Board Management Software Platform, Board Intelligence

Partnership with K1 to drive the next phase of growth for Board Intelligence, enhancing its leading board collaboration platform for clients worldwide

How US markets are feeling impact of plunging global markets

U.S. stocks opened lower after global markets plunged overnight over worry about the health of the U.S. economy.

Apollo Reports Second Quarter 2024 Results

The business produced record levels of quarterly debt origination, gross capital deployment, and third-party fundraising excluding flagship private equity.

CI Global Asset Management Announces Enhancements to Smart Switch DCA™, Its Dollar Cost Averaging Program

Dollar cost averaging involves investing a fixed amount at regular intervals

AIG Reports Exceptional Second Quarter 2024 Results

The repositioning of our underwriting portfolio has enabled us to deliver high-quality growth

Ackman's Pershing Square fund sets $2 billion target for US IPO

Banks including Citigroup Global Markets, UBS Securities, BofA Securities and Jefferies have been granted an option to purchase an additional 6 million shares at the IPO price.

Daffy Launches Custom Portfolios

They've expanded the number of possible portfolio constructions from 15 to 100 quintillion.

Goldman Sachs Alternatives and Blackstone assist L’Occitane International

Blackstone and Goldman Sachs Alternatives wrap up their investment to help the privatisation of L'Occitane International S.A.

Why regional banks are now willing to take billions in losses

Regional banks that announced bond sales in recent weeks include Pittsburgh-based PNC Financial Services Group and Charlotte-based Truist (TFC)

Goldman Sachs Predicts up to 165% Surge for These 2 ‘Strong Buy’ Stocks

Most prominent among those factors is the slowing rate of inflation.

KKR to purchase Instructure Holdings for $4.8bn

KKR will pay $4.8bn to buy Instructure Holdings.

Manulife Investment Management Sees Attractive Opportunities Outside the US Amid Anticipated Global Rate-Cutting Cycle

Inflation is expected to align with the Fed's targets, while employment is not anticipated to exert upward pressure on services inflation.

Lazard’s record Q2 came with 50 new faces and heavy pay cuts

The bank’s second quarter results seem to have given some legitimacy to Orszag’s strategy, but it’s probably not made anyone at the bank particularly happy in the process.

Capital markets bolster Wall Street banks

Investment banking gains cushion weakness in banking: Fitch

Morgan Stanley leads $31m investment into international payments fintech Sokin

The investment follows other financial institutions taking a larger role in funding Europe's fintech this year

State Street Corporation Announces Issuance of Preferred Stock

The offering, which closed today, was structured in keeping with State Street’s ongoing inclusion, diversity, and equity efforts

D2 Asset Management Announces Launch Of Investment Firm With More Than $1 Billion In AUM

Firm to Focus on Investments Across Real Assets, Specialty Finance, and Structured Credit

Anglo to face investors with wary eye on BHP's potential return

Delivering first-half earnings results for the first time after rebuffing the world's No. 1 miner, Wanblad and his team need to convince investors that the strategy to refocus on copper, iron ore and a fertilizer project is on track.

Chubb Reports Second Quarter Per Share Net Income

Book value per share and tangible book value per share excluding AOCI increased 2.6% and 3.1%, respectively, from March 31, 2024.

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