article thumbnail

A big European asset manager trims Nvidia shares after huge rally

CNBC: Investing

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

article thumbnail

Italian asset management company Anima Alternative SGR adopts Kepler Cheuvreux’s new analytics suite

The TRADE

Athina Trika Speaking to The TRADE, Athina Trika, CFA, execution sales at Kepler Cheuvreux, explained: “KCx’s Analytical Suite is a significant step toward increased transparency, opening up a broad prospect of opportunities for flexible and agile data sharing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nvidia shares retake AI leadership role. Wall Street is bullish going forward

CNBC: Investing

For most of the past year, shares have traded within a flat range without any kind of solid move higher. " Another reason for Nvidia's recent lag may be that the stock has been a victim of its own success, said Gene Munster, co-founder of Deepwater Asset Management.

Shares 129
article thumbnail

BlackRock to streamline Aladdin operations through Saphyre tie-up

The TRADE

Saphyre has partnered with BlackRock to integrate services with the firms end-to-end asset management platform Aladdin. This collaboration aims to streamline operations, mitigate risks, and simplify workflows for shared clients in the financial services industry.

article thumbnail

What Asset Managers need to get right with generative AI

Accenture Capital Markets

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.

article thumbnail

KBC Asset Management latest addition to Glimpse Markets network

The TRADE

Data sharing network Glimpse Markets has added KBC Asset Management to its growing list of buy-side participants. “By joining Glimpse, we’re anticipating future market developments towards greater transparency and the democratisation of data through broader industry collaboration.

article thumbnail

S&P 500 guessing game: Who's next to be included, according to Stephens

CNBC: Investing

The S & P 500 rebalance, which typically comes on the third Friday of the last month in a quarter, is usually an event that sparks billions of dollars of trading and spurs passive investment funds to snap up shares of the new companies being added to the index. Crypto exchange Coinbase was the latest beneficiary of such an inclusion.

S&P 90