Brookfield Asset Management CEO Bruce Flatt replaces Mark Carney as chair
Brookfield Asset Management (BAM) on Thursday said Chief Financial Officer Bruce Flatt has been named chair of the ...
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 ...
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 ...
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on ...
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 ...
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Ramirez Asset Management builds private credit capability by acquiring Avenue Capital team
Ramirez Asset Management has acquired a private credit team and its assets from hedge fund manager Avenue Capital Group. RAM, ...
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 ...
Natixis and Generali poised to announce asset management tie-up
Under the terms of the tie-up, BPCE and Generali Investments will combine their asset management operations in a 50-50 joint venture, people familiar with the situation said. A non-binding preliminary ...
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.
Hedge Fund Polar Asset Grows Team After Best Returns Since 2020
Polar Asset Management Partners, one of Canada’s largest hedge funds, is pressing ahead with an expansion plan that included ...
Sprott Asset Management launches silver miners and physical silver ETF
Sprott Asset Management LP on Wednesday launched its silver miners and physical silver exchange-traded fund, the latest addition to its critical materials ETFs.
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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 ...