Hints and tips:
...He joins from Schulte Roth & Zabel, where he co-chaired its M&A and securities group....
...Rising capital reserves suggest that cutting corners is a top priority....
...Jason Behrens and David Miller have joined from Schulte Roth & Zabel where they were both special counsel in the law firm’s investment management team....
...And here’s a good one from Roth Capital Partners’ resources team: Good Riddance 2019, Happy New Year 2020 While it is an easy call saying good riddance to 2019, we could go much further and say good riddance...
...and pension plans....
...“Activism in general has become more serious,” says David Rosewater, partner at Schulte Roth & Zabel, who has advised several activist hedge funds....
...Mr Wiedman echoes this, saying ETFs are becoming the preferred vehicle of choice for passive exposures for both US financial advisers and retail investors, outside 401k retirement plans....
...So far this year it has bought a 51 per cent stake in Finisterre Capital, a London-based emerging markets specialist with assets of $1.6bn, and is awaiting closure of a deal to buy 74 per cent of Origin...
...It plans to reduce its €200bn balance sheet by almost half and cut a quarter of its 4,350 staff....
...Obviously with the market moving aggressively people are feeling a little bit more comfortable about their 401ks, about their pension plans, there’s been some stabilisation in housing prices, so may be people...
...Of course, having a significant share in the 401k US pension market helps. The group is big in target date funds, which are fast becoming the standard default in 401k plans....
International Edition