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New York City comptroller accuses $9.4tn asset management group of giving in to ‘war against ESG’
...The image depicts a baby lying beneath a creature that is half bull, half bear, its oversized genitalia dangling above the infant’s head....
...The consultants aim to cut staff numbers by not replacing many in the baby-boomer generation who will retire over the next four years....
...Given the title and the fact that it was created by a former stand-up comedian, you’d be forgiven for thinking Netflix’s Baby Reindeer might be a light-hearted sitcom....
...And I kept saying, baby, you were too good. You couldn’t have done anything terrible. And then she said, I killed the universe. I said, baby, you, you’re not God. You can’t do that....
...“We are going to have a ‘world is not flat’ moment, when asset managers are going to realise we are not prepared to help people draw down,” said Bill Meyer, CEO of Retiree Inc, a retirement planning software...
Testimony in New York case pitting wealthy oligarch against the famed auction house has shed new light on high-end transactions
Dmitry Rybolovlev is seeking millions of dollars from the auction house for prices he claims were inflated
...She had them from when she was a baby. Madison Marriage Nathalie and Leigh describe her as someone who was incredibly sweet-natured from birth. LeighLittle giggles and, uh, huge smile....
Dmitry Rybolovlev is seeking millions in damages over the purchase of famous works
Dmitry Rybolovlev had accused auction house of conspiring to overcharge him for works by da Vinci, Klimt and others
Growth for active manager, which has $1.4tn under management, not expected to turn positive until 2025 at the earliest
KKR, Blackstone and Stonepeak are among managers with ambitions in nascent sector
Fintechs face daunting task in taking business from the ‘800lb gorilla in the room’
T Rowe Price, Franklin Templeton and AllianceBernstein are among fund groups hit by higher interest rates
...never going to be as big a blockbuster as industry wanted and they don’t necessarily save money for Medicare [the federal health insurance scheme],” said Robert Przybelski, a geriatrician at UW Health in Madison...
...Demographics are also on its side as baby boomers splurge on cruises. Yet despite the impressive run, only Royal Caribbean is near its pre-pandemic high....
...When he sat down with Madison for Lunch with the FT last year at Le Bernardin, he made his reservation under the pseudonym Hank Paulson....
Asset manager joins BlackRock in cutting support for investor resolutions it considers ‘overly prescriptive’
Trading in bankrupt US retailer’s stock has continued in ‘mutation of meme stock phenomenon’
...Or an American Girl Doll, or a Beanie Baby, or a baseball card....
...Brian Wieser, principal at advertising consultancy Madison and Wall, said the new data is “not very usable from an advertiser perspective.”...
...Ardonagh is owned by Madison Dearborn and HPS Investment Partners....
...Owners of smaller independents — predominantly baby boomers — have been selling out as they reach retirement age....
...Additional reporting by Madison Darbyshire in New York...
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