Hints and tips:
Related Special Reports
...Castlelake would sit in Brookfield’s recently formed credit unit, which also houses a controlling interest in Oaktree Capital Management....
...At a separate meeting that year, he alleged that Sweet stood up and cut him off saying in front of the entire global management committee: “Peter you need to stop now.”...
...Lawyers for Odey Asset Management also opposed the application to join the alleged victims’ claims together in a skeleton argument prepared for Thursday’s hearing....
...Fraser told investors last month that the wealth management business “isn’t where it needs to be”....
...*Ignites Asia is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignitesasia.com....
...A judge in Manhattan on Friday declined to issue a temporary restraining order against Millennium Management after Jane Street demanded the hedge fund stop using a secretive international options scheme...
..., and none of them could support their claims with a diagnosis....
...Dell’s family office, DFO Management, has agreed to provide the first outside capital to 5C Investment Partners....
...BlackRock believed it was entitled to a £654mn tax-deduction claim, according to a person familiar with the situation....
Data suggests they make up 51% of assets and rebalancings can send billions sloshing through markets
...Fink also said BlackRock was seeing “accelerating momentum” because it was winning new business from “marquee” clients for its technology, retirement and portfolio management services....
...It follows a broader trend in professional services....
...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
...were put on some form of performance management plan or facing dismissal....
...PDT, owned by Canadian asset manager Brookfield, had accused the corporation of seeking to reduce the value of its business through the action, a claim the STDC denied....
...He also took issue with the claims about energy companies, saying “BlackRock clients have more than $170bn invested in American energy companies” and touted last month’s $550mn investment by a BlackRock...
...The San Francisco company is battling a claim from the US markets regulator, which has for years pursued the company over its associated currency, XRP....
...Investors pumped $65.6bn into active ETFs in the three months to the end of March — more than 50 per cent higher than the previous record of $41bn in the fourth quarter of 2023 — as assets under management...
...reported in February that Alvarez & Marsal, the Evergrande liquidator appointed by a Hong Kong court, was preparing for a potential lawsuit against PwC that could lead to it facing a high-profile negligence claim...
...The announcement of his re-election came on the same day he was called to appear in front of a US Senate committee to answer claims the firm had failed to comply with a congressional subpoena of documents...
...This relates to claims that clients did not receive sufficient services to justify the fees paid to financial advisers under the SJP umbrella....
...Fundsmith’s assets under management dropped from £28.9bn at the end of December 2021 to £23.7bn two years later....
...Others, such as Goldman Sachs and Morgan Stanley, have relied on their wealth and asset management arms....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
International Edition