Hints and tips:
Related Special Reports
...Some of the biggest private equity and asset management groups — including TPG, BlackRock, T Rowe Price and CVC Capital Partners — have recently acquired credit managers as they look to diversify their assets...
...JPMorgan Asset Management and State Street Global Advisors both confirmed they were leaving Climate Action 100+....
...Strong business at State Street’s asset management and technology arms helped underpin forecast-beating revenue of $3.04bn in the fourth quarter, but net income fell 71 per cent year on year to $210mn....
...Rokos Capital Management, which manages about $16bn of assets, is up 8.8 per cent in 2024 to February 16. It told investors that the gains were largely driven by the recent sell-off in bond markets....
...Roaring equity markets and the popularity of a new spot bitcoin exchange traded fund powered BlackRock to record assets under management of $10.5tn and net income that rose by more than one-third....
...Five unmissable stories this week JPMorgan Asset Management and State Street Global Advisors are quitting Climate Action 100+, an investor group set up to prod companies over global warming, and BlackRock...
...Within months, there should be much more public knowledge of what and where these assets are, something that has been inexplicably avoided by the US and other western governments to date....
...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...
...Read the full story here Chart of the week Liontrust was once a darling of the UK’s asset management industry, with chief executive John Ions presiding over an increase in assets from £1bn to £36bn in...
...In a few days, it lost JPMorgan Asset Management, State Street and Pimco. BlackRock has moved its membership from the huge corporate entity to its much smaller international business....
...That figure is roughly one-tenth of 1 per cent of BlackRock $10tn in assets under management, and some Republican state pension funds still have well north of $20bn parked with the money manager....
...BlackRock has scaled back its commitment to Climate Action 100+ while State Street, JPMorgan Asset Management, Pimco and Invesco have withdrawn entirely....
...Goldman Sachs’ Petershill Partners, which owns minority stakes in alternative asset companies, has bought a stake of more than 20 per cent in private credit specialist Kennedy Lewis Investment Management...
...“It’s the dollar losing utility as an asset to store trade surpluses,” says John Hathaway, managing partner of Sprott Inc, a Canadian asset manager specialising in metals....
...“The end state of this project, after the transitions of assets in the coming months, will lead to broadly a 50-50 asset split for depositary and administration between State Street and BNY Mellon based...
...Recent launches from JPMorgan and State Street Global Advisors have all reached the $10bn threshold in about two years, according to Morningstar....
...At the end of March, assets under management in European ETFs stood at €1.81tn, up 10 per cent on the previous quarter....
...Under Buckley, Vanguard’s reach expanded to more than 50mn clients and assets under management rose 80 per cent....
...Anyway, here’s the lowdown on asset management for this week. You’ll be back in Harriet’s capable (and tanned) hands next time....
...Fundsmith’s assets under management dropped from £28.9bn at the end of December 2021 to £23.7bn two years later....
...*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....
...JPMorgan Asset Management, Pimco and State Street Global Advisors this month announced they would leave Climate Action 100+, an initiative to encourage companies to take action on climate change....
...It started with float data on equity indices, then it moved to ESG, then it moved to climate, then into private assets. We have the largest databases of private asset classes in the world....
...“The majority of SMEs are expat-owned and asset-light — import, export, trade, retail,” said Camarate. “It’s really difficult to lend to you because you can get on a plane and leave”....
International Edition