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...Within weeks, a US regional banking crisis spurred a panic that ultimately contributed to Credit Suisse’s weekend takeover by UBS....
...Englander has built Millennium into a hedge fund that increasingly resembles the markets division of a global bank....
...Norway’s $1.6tn oil fund is the second-largest shareholder in UBS, behind BlackRock, having increased its stake from 3.5 per cent to 5 per cent when the Credit Suisse takeover was completed last summer....
...Institutional Shareholder Services, another high-profile shareholder adviser, is recommending shareholders vote in favour of Abrdn’s proposals at its meeting....
...that has been fast expanding beyond traditional tax and accounting into consulting services....
...The US-based group will make its investment from a $24.4bn fund raised in 2021 that is one of the largest funds dedicated to private equity deals....
...UBS declined to comment....
...The deal also included an agreement where Atlas would provide investment management services to some of the assets Credit Suisse retained....
...Citadel made a record $16bn in 2022 to displace Bridgewater as the most successful hedge fund of all time, according to research by LCH Investments....
...Hedge fund Citadel and its sister firm, market-maker Citadel Securities, have agreed to pre-let at least 250,000 sq ft, or a third of the space, at 2 Finsbury Avenue....
...” said James Elbaor, the head of Marlton LLC, a Chicago-based hedge fund that is a Pershing Square Holdings shareholder....
...China’s “national team” of major state-backed financial services companies has ploughed Rmb410bn ($57bn) into local equities exchange traded funds so far this year, according to UBS estimates....
...“In anticipation of evolving regulation we renamed two US sustainable money market funds,” UBS said. Morgan Stanley did not respond to a request for comment....
...Founded in 2000, Jane Street has grown into an increasingly powerful trading firm and market maker for the $8.9tn US exchange traded fund industry....
...In March 2023 the iShares ESG Aware MSCI USA ETF (ESGU) haemorrhaged $3.9bn in one day. On the same day the iShares MSCI USA Quality Factor ETF (QUAL) saw a $4.8bn jump in net inflows....
...Rashid had been accused of violating his duties to investors in Apollo private equity funds in the early 2010s by billing the funds hundreds of thousands of dollars in improper personal expenses, such as...
...UBS put the unit, which includes investment banking and brokerage services, up for sale after taking control of Credit Suisse when it collapsed last year....
...“Tax and audit work is being replaced by technology and the lowest price is winning, hence the transformation to consulting and advisory services....
...fund, according to people familiar with the firms....
...Cannae is the vehicle of Bill Foley, the multi-billionaire who made his fortune in a series of financial technology and financial services companies....
...UBS owns a 51 per cent stake. UBS, Citadel and Ant declined to comment. The China Securities Regulatory Commission did not immediately respond to requests for comment....
...US billionaire Bill Ackman’s hedge fund Pershing Square rejoined the top 20 hedge funds after leaving the rankings in 2015. It was up 27 per cent in 2023, making $3.5bn....
...Millennium, a $62bn hedge fund founded by Izzy Englander, did not immediately respond to a request for comment. Jane Street declined to comment beyond the lawsuit....
...Tiger Global has raised $2.2bn for its latest venture capital fund, roughly a third of the $6bn target it touted to investors when it first announced the fund in 2022....
...Up until now, though, few investors have adopted the approach, says Cristina Shapiro, president at the Impact Fund for Children, the investment division of Unicef USA....
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