BlackRock Stock Rises as Firm Sets Record for Assets Under Management
Key Takeaways BlackRock's assets under management surged 15% year-over-year to $11.55 trillion.The asset manager beat ...
Generali Near Deal With Natixis for Asset Management Venture
Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut costs and team ...
Generali aims to ink initial asset management deal with Natixis by Jan. 20, sources say
Italy's top insurer Generali aims to reach a preliminary accord with Natixis Investment Managers to combine their asset ...
LA asset management firms overseeing more than $4T scramble to recover after wildfires
Some money managers have lost their headquarters to the crippling flames and are pivoting to remote work, while others have ...
Pensions&Investments1h
Softer-than-expected core inflation data suggests Fed will not cut rates anytime soon, asset managers say
The Fed has considered the inflation rate a key factor in its monetary policy decisions. The Fed’s key short-term interest ...
Asset Manager Ashford Settles SEC Allegations It Failed to Disclose Extent of Hack
The Dallas firm agrees to pay a fine after the SEC said it wasn’t forthcoming about a customer data breach.
Goldman Sachs Q4 earnings reflect strong investment banking, asset and wealth management results
Goldman Sachs (NYSE:GS) stock rose 2.2% in Wednesday premarket trading after the Wall Street stalwart posted strong Q4 and ...
Markets likely to be 'whipsawed' by incoming economic data: Principal Asset Management
Investors appear to be pretty comfortable with Wednesday's inflation reading. But how long that will last? Seema Shah, chief global strategist at Principal Asset Management, pointed out in commentary ...
Pensions&Investments5h
JP Morgan’s asset and wealth management AUM hits $4 trillion; Dimon cautions on inflation.
J.P. Morgan Chase’s asset and wealth management division reported assets under management of $4 trillion as of Dec. 31, up 18 ...
Los Angeles-based asset management firms grapple with wildfire impact on operations, staff
Some of the companies are relocating office space and supporting staff members who have lost their homes in the fires ...
Infuse Asset Management’s Q4 2024 Investor Letter
Infuse Asset Management, an investment management company, released its fourth quarter 2024 investor letter. The goal of ...
Liontrust's Assets Under Management Drop on Outflows From U.K. Budget Uncertainty
Liontrust Asset Management's assets under management and advice slipped over the third quarter of fiscal 2025 due to market uncertainty ahead of the U.K. government's budget announcement.