Later Thursday, British Treasury director Rachel Reeves is expected to reveal plans to combine dozens of pension funds to increase the poor economic growth in
Category: Fund Management
Global Wealth Managers Summit in Dubai, Abu Dhabi emerges as an alternate hub in UAE.
Abu Dhabi is rising out of Dubai’s shadow as it draws a fair amount of the wealth of asset managers and billionaires, thereby solidifying the
Jamie Dimon leads as JPMorgan Chase, the largest US lender grows its footprints in Africa.
The largest U.S. lender, JPMorgan Chase, told reporters that it intends to expand its presence in Africa by entering Kenya and Ivory Coast this year.
BlackRock the world’s largest asset manager hit a record $11.5tr on the market rally and asset boost.
For the third consecutive quarter, BlackRock’s assets under management reached a record high on Friday; driven by sharp increases in the company’s exchange-traded funds inflows
Blackstone’s new Asia PE fund will raise at least $10b and focus on India.
The largest alternative asset manager in the world, Blackstone Inc., has begun to raise its third private equity (PE) fund with an emphasis on Asia,
Global actively managed ETF assets exceed $1 trillion, driven by innovation and easier regulations.
Thanks to laxer rules and a surge in product innovation, assets in actively managed exchange-traded funds (ETFs) reached a record $1 trillion globally at the
Goldman Sachs says that hedge funds switching to financial sector stocks for long positions.
Hedge funds last week bought these corporate equities at the quickest rate since June 2023, putting banks, insurance, and trading firms back in demand, according
Investors pump $37b to money market funds ahead of Fed rates cut in September.
In anticipation of a September interest rate reduction by the US Federal Reserve, investors poured $37 billion into cash-like money market funds (MMFs) in the
Revolut joins big European banks with 45m customers globally and a $45b valuation after the share sale.
Revolut, a financial technology company based in Britain, announced on Friday that it has sold secondary shares to both new and current investors, valuing the
SocGen to divest UK and Swiss private bank units for $1b and focus on France, Luxembourg, and Monaco.
The British and Swiss private banking divisions of the French bank Societe Generale, will be sold to Union Bancaire Privee (UBP) of Switzerland for 900
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