CNBC: Investing

JULY 15, 2024

DNB Asset Management, a Nordic fund giant, dumped a sizable portion of its Nvidia stake after the chip giant's stunning 2024 run.

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JD Supra: Mergers

NOVEMBER 15, 2024

In this episode, we are thrilled to be joined by Liz Campbell, Chief Investment Officer at Portfolio Advisors, a global private asset manager specializing in the US middle market.

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The TRADE

JANUARY 10, 2024

Impax Asset Management has entered into an agreement to acquire the corporate credit assets from fixed income manager Absalon Corporate Credit, part of Formuepleje Group. The post Impax Asset Management to acquire corporate credit business from partner firm Formuepleje Group appeared first on The TRADE.

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Accenture Capital Markets

JUNE 18, 2024

Generative AI (gen AI) is predicted to impact over two-thirds of all functions across the capital markets industry, suggesting that the technology has the potential to significantly transform all its segments—including asset management. The majority of asset manager have already started on this journey.

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CNBC: Investing

MAY 15, 2024

Burry, who now manages hedge fund Scion Asset Management, bought more than 440,000 units of the Sprott Physical Gold Trust (PHYS).

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CNBC: Investing

JANUARY 11, 2024

Asset managers were already cutting their fees ahead of Thursday's launches for bitcoin ETFs.

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The TRADE

JUNE 24, 2024

Singapore-headquartered fund manager APS Asset Management has adopted order and investment management technology solution, Bloomberg AIM, to automate its post-trade workflows. We are proud that our partnership with APS Asset Management will help them scale and automate workflows.”

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The TRADE

MAY 22, 2024

Eurex has welcomed Santander Asset Management as a global player in its listed FX segment. Imanol Urquizu The Spanish asset manager has begun to expand its FX futures business to Eurex, supported by Banco Santander as clearing member and Deutsche Bank as liquidity provider.

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Financial Times - Banking

APRIL 21, 2025

Japanese banks chief says deal will help it reach its goals of investing in stable, high-margin businesses

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The TRADE

JUNE 24, 2024

Before joining MEAG, Malakis held senior sales positions with international asset managers, including Generali Insurance, Vanguard International and Schroders. Northern Trust Asset Management appointed Naoto Komoro to lead its asset management business in Japan.

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The TRADE

JULY 27, 2023

According to the businesses, the aim is to “revolutionise India’s asset management industry and transform financial futures” through combining the scale and investment history of BlackRock, with the technology resources and local market knowledge held by JFS. Once in operation, the new business will have its own management team.

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The TRADE

APRIL 29, 2024

Royal London Asset Management has restructured its global equity team with immediate effect, following the departure of its head of equities and some members of the wider global equities team. The post Royal London Asset Management restructures global equity team appeared first on The TRADE.

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CNBC: Investing

FEBRUARY 3, 2025

The asset manager said this is its biggest fee cut ever and will save investors about $350 million this year.

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The TRADE

MARCH 14, 2024

More than a third of FX trades from European asset managers would have to settle outside CLS following the US shift to T+1 and therefore carry increased risk, a leading association has found through new research. T+1 implementation today does not represent an absolute reduction of risk in the system.

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The TRADE

OCTOBER 23, 2023

Imapx Asset Management has appointed Ross Pamphilon as its new head of fixed income, The TRADE can reveal. According to a social media update, Pamphilon joins Imapax from Wells Fargo Asset Management, where he spent the last four and a half years as head of fixed income for the EMEA region.

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The TRADE

JANUARY 14, 2025

UK asset manager Liontrust Asset Management is exploring outsourcing parts of its trading to BNY, according to an update released this morning. Liontrust was awarded the Multi-Asset Trading Desk of the Year and Mid-Cap Trading Desk of the Year by The TRADE in 2022 and 2017 respectively.

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CNBC: Investing

APRIL 12, 2024

Petersburg, Florida-based asset manager said her ARK Venture Fund has invested in OpenAI as of Wednesday. In a Thursday email to clients, the St.

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The TRADE

FEBRUARY 21, 2024

Ryan O’Connor has left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.

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The TRADE

NOVEMBER 20, 2023

Umair Khan Marwat joined Millennium as a trader, following almost two and a half years at Balyasny Asset Management. Hong Kong-based Marwat previously worked at Credit Suisse, focused on AES, algorithmic, and direct market access (DMA) trading, before joining Balyasny Asset Management in 2021 as a trader.

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CNBC: Investing

MAY 1, 2024

Microsoft and Brookfield Asset Management will develop 10.5 gigawatts of renewable energy, in a deal they describe as the largest of its kind.

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Global Newswire by Notified: M&A

JANUARY 17, 2025

The acquisition marks a key strategic pillar for Hitachi Rails new digital asset management business, known as HMAX. LONDON, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Hitachi Rail has agreed to acquire the cutting-edge digital rail monitoring business Omnicom from Balfour Beatty.

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Global Banking & Finance

DECEMBER 5, 2023

China Asset Management Co., Recognized with Two Key Accolades in the 2023 Global Banking & Finance Awards® China Asset Management Co., For the fourth consecutive year, Global Banking & Finance Review has recognized ChinaAMC as the “Asset Management Company of the Year” in China for the 2023 […]

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The TRADE

JUNE 27, 2024

State Street Global Advisors and Galaxy Asset Management have unveiled a new collaboration aimed at bringing investors digital asset-based strategies, offering key exposure to companies involved in the digital asset space. trillion digital asset landscape through manager-directed strategies. “We

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The TRADE

MAY 7, 2024

He joined the bank in 2021 as global head of e-FX having and previously served as a strategic transformation consultant at State Street.Prior to that, Tokyo-based Wright spent 16 years at Morgan Stanley, most recently as a managing director. He has also held roles at FXall and UBS, as product manager and associate director, respectively.

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The TRADE

FEBRUARY 26, 2024

Ryan O’Connor left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.

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The TRADE

JANUARY 10, 2025

MetLife Investment Management (MIM) has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent financial services firm. Nearly $6 billion of assets managed by the acquired team will transfer to MIM, under the terms of the transaction.

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World Finance

JULY 5, 2024

Discover how KBC Asset Management is leading the charge in sustainable investing, integrating ESG principles into its strategies, and pioneering responsible investment solutions for a better future

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MergersCorp M&A International

NOVEMBER 1, 2024

Valuing an asset management company (AMC) is a multifaceted endeavor that requires a nuanced approach. Asset management companies are integral players in the financial services sector, managing investments on behalf of clients, which can include individuals, institutions, and corporations.

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The TRADE

JUNE 10, 2024

Hosie originally joined Credit Suisse in 2017 as its head of equities Asia Pacific, later assuming responsibility of the asset class for both Asia Pacific and EMEA and eventually taking up the role in a global capacity in 2023. BTIG appointed Sean Shanker as a managing director within the electronic trading team, based in New York.

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The TRADE

SEPTEMBER 19, 2024

Oaktree Capital Management has agreed to acquire Close Brothers Asset Management (CBAM) – the wealth management arm of Close Brothers – for an equity value of up to £200 million, set to be completed in early 2025 pending customary regulatory approvals.

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American Banker - Investment Banking

APRIL 8, 2025

The largest asset manager globally announced Tuesday it will enter a new master custody service agreement with Anchorage Digital, the only U.S. federally chartered digital asset bank.

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The TRADE

JUNE 9, 2025

John Ions, chief executive of Liontrust, said: “Trading for asset managers has changed significantly over the past few years with the increasing use of automation and technological developments. Currently, almost half of Liontrust’s investments and trading are now outside of the UK.

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Financial Times - Banking

APRIL 15, 2024

Bank has tried to build a massive wealth and asset management business that brings in steady fees

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CNBC: Investing

JULY 13, 2023

Investors' move to reallocate toward fixed income can boost shares of certain asset managers and brokers.

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The TRADE

AUGUST 2, 2024

BNP Paribas has entered into a definitive agreement to acquire 100% of AXA Investment Managers – representing around €850 million in assets under management – for just over €5 billion. The deal is set to include an agreement for BNP Paribas’ long term management of a large part of AXA’s assets.

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The TRADE

JUNE 7, 2024

The lack of major issues and positive data signals on affirmation and fail rates will come as a huge sigh of relief to the industry, which is benefitting from an over-preparedness strategy and its highly alert, round-the-clock ‘war room’ and ‘command centres’. “It In addition, we should begin to hear reports of how parallel functions are faring.

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The TRADE

MAY 1, 2024

Some 83% of asset managers plan to change product strategy in the next two years, a new survey from Northern Trust has found, emphasising the need to cater to diverse investor needs. Technology appears to be at the heart of that change, with 77% planning to leverage new tech within the same timeframe.

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