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 ...
The Economist2h
Will Donald Trump unleash Wall Street?
The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a ...
Pensions&Investments2h
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 ...
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...
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 ...
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 ...
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 ...
Pensions&Investments6h
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 ...
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 ...
Applied Digital Q2 FY25 Review: Continuous Delays In Signing Customer Is Disappointing
Applied Digital has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. Read why ...
3 Large-Cap Funds That Look Risky Despite Strong Gains and Solid Management
US large-cap funds enjoyed another bountiful year in 2024. The typical fund in the large-growth Morningstar Category returned ...
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.