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...Advent had previously acquired Partner in Pet Food in 2011, before selling the business to another private equity investor Pamplona Capital Management in 2015 for €315mn....
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...rid of South African assets”, said Bruce Williamson, a mining analyst with Integral Asset Management....
...A fourth big investor, who holds shares in both Anglo and BHP, said Anglo would need to push for a higher price from BHP or offer up another proposal that could involve selling assets and combining with...
...Asset management is a tricky business....
...The 62-year-old Australian, whose audacious poaching of more than 20 senior executives from asset manager Barings last month has already sparked litigation, spent 20 years running a property business that...
...He previously worked for Brookfield Asset Management. Latham & Watkins has hired Yohei Nakagawa as partner in the M&A and private equity practice in Tokyo....
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...Elliott Management is setting up a company to hunt for global mining assets in the range of at least $1bn, as it seeks to take advantage of the depressed valuation of groups operating in the sector, people...
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...But investors including activist hedge fund Elliott Management are circling and Anglo chief executive Duncan Wanblad now faces a fight to keep the FTSE 100 company intact....
...That will raise fee-paying assets under management from the roughly €100bn it had in 2023 to somewhere in the region of €140bn by 2025....
...The investments part of the business, which still accounts for the lion’s share of assets under management, is weighing on expenses with a cost-income ratio of 94 per cent....
...Although these terms are designed to reassure bondholders, they could straitjacket Thames Water’s management, preventing a turnaround at the creaking utility....
...There has been internal debate about whether going public, which brings constant pressure to keep growing assets under management, will have an impact on the firm’s profit-focused culture....
...While Goldman abandons consumer banking, it’s trying to build out a massive wealth and asset management business that brings in a steady stream of fees, Lex writes....
...Fidelity’s business includes its large brokerage platform and a separate $69bn ETF arm as part of its $4.9tn in assets under management....
...They include US hedge fund Whitebox Advisors and UK fund City of London Investment Management, which along with Seoul-based fund Anda Asset Management have called on the management of Samsung’s de facto...
...If that changed, Jupiter’s assets under management would swell and the pay ratio decline. That would boost its own share price, making retaining top performers easier....
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...under management, with the bulk of that in its private equity strategy....
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