Hints and tips:
Related Special Reports
...Morningstar earlier this year estimated that Ark had wiped out about $14.3bn in wealth over the past decade, more than any other fund family....
...HPS was founded in 2007 as a division of Highbridge, JPMorgan Asset Management’s hedge fund unit, and was spun off in 2016....
...The Abu Dhabi Investment Authority, a separate sovereign wealth fund, has around $790bn of total assets....
...The classic principal and agent relationship — where an investor outsources management of their assets to an outside party — is rife with potential conflicts of interest....
...The agreement is a big boost to UBS’s ambitions to significantly cut back Credit Suisse’s investment bank as it focuses on building out the combined group’s wealth management business....
...Georg Schubiger, head of wealth management, and Christel Rendu de Lint, head of investments, will become co-CEO of the Swiss investment manager from January....
...The investment managers that form the layer in between get their capital from insurance companies, sovereign wealth funds, pension funds and so forth....
...The group paid just £5.5mn for a 70 per cent stake in Rize, acquiring the business from AssetCo, an investment firm founded by Martin Gilbert, an asset management industry veteran....
...“Izzy, whether knowingly or unknowingly, has turned Millennium into Goldman Sachs Asset Management,” said one person who knows him well....
...The corporate shape-shifting comes as it and competitors Blackstone and Apollo Global Management have also reoriented their operations in recent years to appeal to the tastes of stockholders....
...News round-up Odey Asset Management abandons Mayfair headquarters (FT) FTX turns to Mike Novogratz’s Galaxy Digital to sell crypto tokens (FT) GAM starts funding talks with investors after Liontrust bid...
...“Our extension into exchange traded funds is a natural evolution of that commitment, driven by demand from the intermediary and wealth management space.”...
...Another thing to start: Odey Asset Management is to close five months after allegations of sexual assault and harassment against its founder, Crispin Odey, plunged one of London’s oldest hedge fund groups...
...These include so-called net asset value financing, which involves a buyout firm borrowing against a portfolio of assets....
...Others include: Julian Salisbury, chief investment officer for asset and wealth management, is joining Sixth Street as co-CIO....
...Yet two years on, Apollo’s stock price is trading at an all-time high as its assets under management have soared to $600bn, an apparent vindication of the single, integrated company....
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...The poker-faced investor first amassed his wealth scooping up energy assets at fire-sale prices in sellers’ rush to decarbonise, a fortune that has more than doubled to $10bn over the past year as the energy...
...Quarterly earnings the group generated from base management fees on the assets it manages and the spread it earns from investing insurance policies increased 55 per cent to $1.2bn from this time a year ago...
...Balyasny Asset Management has hired Tarek Rizk, the Abu Dhabi Investment Authority’s head of alternative investments, to lead its Middle East business from Dubai, according to Financial News....
...Edward Finley of Arrow Wealth Advisory LLC pointed out that from a certain point of view, the question “does private credit, as an asset class, generate excess return” is a sort of category mistake: An...
...UK wealth manager St James’s Place has appointed Mark FitzPatrick as CEO, replacing Andrew Croft....
...The new fund, which included investors Goldman Sachs Asset Management, ICG and Neuberger Berman, also raised new cash for CAA to buy agency ICM Partners....
...Job moves UBS has shaken up the leadership of its critical Middle East wealth management operations as it comes under pressure to keep staff happy following its takeover of Credit Suisse....
International Edition