Hints and tips:
Related Special Reports
...Everton Football Club’s suitor 777 Partners has called in turnaround and crisis management experts, as the investment firm wrestles with accusations of fraud and the unravelling of the reinsurance financing...
...JAB says it is better positioned than other private capital competitors to become an owner of an integrated insurance and asset management company....
...Grosvenor has also boosted its investment into international property with other asset managers....
...Steve Kurz, global head of asset management at Galaxy, said the firm would be interested in acquiring the assets of other bankrupt companies....
...Nomura Asset Management, Vanguard and BlackRock are all major shareholders, and Elliott’s stake is at least 2.5 per cent, according to people familiar with the situation....
...Harvest Global Investments is among the Hong Kong units of three mainland Chinese asset managers — also including Bosera Asset Management and China Asset Management — which launched two ETFs each tracking...
...Jupiter could have also placed the money with other external funds run by rival asset management companies....
...Stefanie Drews, president of Japan’s Nikko Asset Management, has never had a go at karaoke....
...How Deutsche Bank’s DWS inflated its assets for years Can an asset manager count third parties’ funds in their own assets under management and annual flows?...
...Warren Buffett famously said that when he owns outstanding businesses with outstanding management teams, his favourite holding period is “forever”....
...Asset management is a tricky business....
...The 62-year-old Australian, whose audacious poaching of more than 20 senior executives from asset manager Barings last month has already sparked litigation, spent 20 years running a property business that...
...Jonathan Ruffer also sat on Odey Asset Management’s board until 2002....
...Elliott Management is setting up a company to hunt for global mining assets in the range of at least $1bn, as it seeks to take advantage of the depressed valuation of groups operating in the sector, people...
...It is the reincarnation of Wall Street’s proprietary trading desks in asset management, with upside-down incentive structures, without the same regulatory oversight and with ill-fated stop loss risk management...
...One question is what defence plan the management and board will come up with to unlock value on their own terms (you can read some of Lex’s thoughts here)....
...CVC is investing through a fund that holds on to assets for longer than the three to five years private equity groups typically seek to own the businesses they invest in....
...Anglo’s challenges have also attracted activist hedge fund Elliott Management, which built up a sizeable stake in the company....
...rid of South African assets”, said Bruce Williamson, a mining analyst with Integral Asset Management....
...That will raise fee-paying assets under management from the roughly €100bn it had in 2023 to somewhere in the region of €140bn by 2025....
...A fourth big investor, who holds shares in both Anglo and BHP, said Anglo would need to push for a higher price from BHP or offer up another proposal that could involve selling assets and combining with...
...The investments part of the business, which still accounts for the lion’s share of assets under management, is weighing on expenses with a cost-income ratio of 94 per cent....
...(Some $33bn of the group’s total assets are attributed to them.) The pivot will certainly be a challenge....
...A formal BHP offer would increase the pressure on Anglo’s management to communicate its own plan to reshape the company and regain confidence of its investors....
...While Goldman abandons consumer banking, it’s trying to build out a massive wealth and asset management business that brings in a steady stream of fees, Lex writes....
International Edition