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Related Special Reports
...O’Connor will be leaving Goldman Sachs Asset Management as the firm undergoes a reorganisation, in December forming a global product strategy group to be oversee new public markets offerings....
...So it’s a very substantial group of people....
...Other acquisitions include River and Mercantile Group and SVM Asset Management....
...Some of the biggest private equity and asset management groups — including TPG, BlackRock, T Rowe Price and CVC Capital Partners — have recently acquired credit managers as they look to diversify their assets...
...The group expects its first quarter net trading revenue will be roughly $4.4bn, more than double the level it achieved a year prior and up 35 per cent from the end of 2023, according to documents reviewed...
...Despite the appointment of mining veteran Ian Cockerill as chief executive, analysts at Berenberg said there was scope for it to become an M&A target....
...A group of veteran US financial journalists is teaming up with investors to launch a trading firm that is designed to trade on market-moving news unearthed by its own investigative reporting....
...JPMorgan Asset Management is bringing aboard exchange trade fund veteran Jon Maier after his departure from $51bn ETF manager Global X as part of a wave of executive exits....
...Scherr and the board had discussions then about what management skills were needed for the next phase at the company....
...“Since joining the group, Stéphane Bianchi has demonstrated rare leadership and management qualities,” Arnault said....
...The group has been slowly chipping away at BlackRock’s lead in US exchange traded funds, currently one of the hottest parts of the asset management industry....
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
...Whenever there’s a study that dunks on active portfolio management, we’ll be here to cut and paste. Today’s active management dunk comes from Morningstar....
...A veteran German asset manager has blamed Volkswagen’s “flawed” corporate governance for its share price underperformance and criticised its controlling shareholders for failing to address the issue....
...More than 20 senior executives have defected to a brand new business set up by an Australian real estate veteran: Paul Weightman’s Corinthia Global Management....
...Widerström, a veteran of the online gambling industry who was installed as chief executive in October, is trying to revive the fortunes of the indebted group that has been blighted by compliance failings...
...The Florida-based investment firm’s new venture, Hyperion, will be led by Sandeep Biswas, the former chief executive of gold mining group Newcrest Mining and a veteran dealmaker and operator in the sector...
...Raghavan, 57, is a 23-year veteran of JPMorgan Chase, the largest investment bank globally, and had been promoted to sole head of investment banking last month....
...He or she has to be kept happy because of the money they bring in, but nobody in their right mind would put someone like this in a management role....
...But the frankest account of why a women’s membership group was needed in the ETF industry — and why it helps to have men in the room — comes from Ross, an industry veteran who was behind the SPDR launch....
...The veteran investor also bought bargains in Asia and Russia after financial crises shook their markets in the late 1990s....
...Cohen, a 25-year Goldman veteran, led the Wall Street institution’s failed effort to build up consumer banking....
...At that time the group had a market capitalisation of more than £400mn....
...Fraser, a veteran of the consulting firm McKinsey and investment bank Goldman Sachs, took over in early 2021 with a mandate to fix Citi after the bank had underperformed its peers for years....
...Anyway, here’s the lowdown on asset management for this week. You’ll be back in Harriet’s capable (and tanned) hands next time....
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