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...between a traditional insurer and a private capital group....
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...The bank’s asset management arm boasted a 44.2 per cent market share in Europe at the end of March, according to figures from Morningstar, far ahead of Pimco, with 14.6 per cent and Fidelity with 11.1 per...
...In debt financing, default rates are a guiding metric for investors, measuring how often a financial obligation is unmet....
...US hedge fund Elliott Management has been buying the bonds of troubled British utility company Thames Water, in a bet that markets have grown too pessimistic over the size of losses that investors may have...
...In July 2021, the SEC fined UBS Financial Services, now owned by Credit Suisse, $8mn for holding short-term, volatility-linked ETPs for customers longer than designed....
...As a result, traditional financial products and the investment-led financial services market have proved less attractive to women, says Ross....
...It said it would increase capital spending in support of the technology behind chatbots and smart assistants....
...“The investor base for the funds reflects a variety of shareholder types, including direct retail investors, clients represented by independent financial advisers, broker-dealers, employer-sponsored retirement...
...When the bill comes due, Capital One Financial will need to show it has the funds....
...Computer-driven hedge funds that bet on trends in financial markets are enjoying strong returns as bets on soaring cocoa prices and a sinking Japanese yen have borne fruit....
...It is the sixth US asset manager to do so, joining Morgan Stanley, PGIA (the US division of Australia’s Perpetual), Dimensional Fund Advisors, Fidelity and First Trust....
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
...US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, in an all-stock tie-up that is set to unite two of America’s largest credit card companies....
...The continued popularity of income-generating ETFs, active fixed income ETFs amid interest-rate uncertainty and financial adviser interest in core strategies from firms such as Capital Group and JPMorgan...
...Representatives from Fidelity declined to comment on the filings. *Ignites is a news service published by FT Specialist for professionals working in the asset management industry....
...Buying Worldpay was “a deal FIS had to do” we wrote, in a note in 2019. Hardly. The market value of FIS peaked at almost $100bn in 2019....
...It also spawned financial titans like Fidelity and Vanguard and thousands of smaller competitors that together employ hundreds of thousands of people....
...Job moves Carlyle Group has hired Jeff Currie, the former Goldman Sachs global head of commodities research, to help the US private capital group invest behind big trends in energy markets....
...One hundred years ago on Thursday, Edward Leffler, a former door-to-door salesman of pots and pans, revolutionised financial markets....
...Their woes, which are a further drag on London’s already underperforming stock market, have attracted the attention of activists who are pushing trusts to return capital to investors....
..., rather than as a traditional financial service....
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