Unbiased AI-powered news
37 stories related to this topic, newest first.
ai-cio.comKevin Marchetti said floating-rate middle-market loans will benefit from benchmarks above 4% inflation. Redemption limits at Blackstone and Partners Group reflect what he called sector growing pains.
thehindu.comWestern Asset Management Co. agreed to pay $100 million to settle an SEC investigation into trading practices tied to a former portfolio manager. The agreement resolves the regulatory matter without admission of wrongdoing.
BenzingaThe Switzerland-based private markets manager reaffirmed its 2026 targets after shares fell nearly 17% on news of elevated redemption requests in open-ended products.
etftrends.comLombard Odier will extend Bloomberg investment risk tools from Asset Management to Wealth Management and Private Banking. The Geneva-based firm manages CHF 349 billion in assets under management.
etftrends.comThe number of U.S.-listed ETFs has risen 95 percent since 2020 to approximately 4,900. Over the same period, the number of U.S. publicly listed companies declined 20 percent to about 3,900.
Jain Global will return money to outside investors and manage capital solely for Millennium under an exclusivity deal scheduled to close in the third quarter. The firm's fundamental equities unit faces an uncertain future while other divisions continue normal operations.
BloombergTaiwan's top financial regulator stated that the island's largest asset managers need to grow in scale to compete with international rivals as a regional financial hub.
etftrends.comBMO Investments Inc. lowered annual management fees on five series of BMO Global Dividend Fund and reduced management fees plus operating expenses on BMO International Equity Fund. The changes took effect today in Toronto.
nasa.govThe Tema Space Innovators ETF crossed $1 billion in assets under management 37 trading days after its launch. The actively managed fund focuses on companies in the commercial space sector.
manilatimes.netHarbor Funds has filed paperwork for five actively managed ETFs that track companies around major artificial intelligence developers. The filings name ecosystems linked to Anthropic, Google DeepMind, Meta, OpenAI, and xAI/SpaceXAI.
forbes.comRBC Global Asset Management Inc. announced that 15 members of its investment team earned recognition on the Brendan Wood International 2026 TopGun lists. Nine of the honorees received Platinum Class status for four or more consecutive years of recognition.
loyaltylobby.comManulife Investments announced cash distributions for its exchange-traded funds and ETF series of mutual funds. Unitholders of record on May 29, 2026, will receive payments on June 15, 2026.
The Corgi Lithography & Semiconductor Photonics ETF surpassed $150 million in assets under management less than two weeks after its May 6 launch. The fund invests in companies involved in photonics and light-based technologies used in semiconductor manufacturing.
theedgemarkets.comMoney manager Graeme Forster at Orbis Investments selects companies trading at low valuations that could gain if certain low-probability events occur. The approach focuses on holdings that may perform well during scenarios such as high inflation or renewed demand for movie theate…
Financial TimesSchroders is exiting its China mutual funds business three years after entering the market. The London-listed asset manager is being acquired by US-headquartered Nuveen in a £10bn transaction. The move reflects challenges in the Chinese asset management sector.
benzinga.comBritish Columbia Investment Management is closing two global stock-picking strategies that oversee about C$4.3 billion ($3.1 billion). The decision comes as the firm contends with a contracting pool of publicly listed firms. The move reflects challenges in sourcing investment opp…
manilatimes.netPicton Mahoney Asset Management announced per-unit cash distributions ranging from $0.0274 to $0.0548 for its PICTON alternative funds on May 14, 2026. Unitholders of record on May 21 will receive payments on May 29. The Toronto-based firm, which manages $17.8 billion, pioneered…
wallstreetpit.comQVR Advisors is closing its hedge fund and looking to sell the management company after months of losses and investor redemptions. The developments mark the end of the firm's flagship vehicle. @business reported the moves.
etftrends.comA corrected press release on May 12, 2026, announced the availability of nine new 2X leveraged ETFs listed on Cboe with a 0.75% management fee. The products seek 200% daily exposure to stocks including Seagate Technology, Caterpillar and Applied Materials. Themes ETFs, establishe…
gurufocus.comabrdn Inc. announced on May 11, 2026 that it intends to propose a future policy amendment to Fund shareholders for consideration and approval. The move follows an earlier announcement that Aberdeen would become investment adviser to the trust, which is slated to be renamed the Ab…
insider.co.ukThe firm is expanding its active-fund business to compete directly with established players. The hire comes as the manager builds out new offerings in a market long dominated by incumbents.
investopedia.comKKR & Co. is investing $300 million of its own capital into FS KKR Capital, a business development company it co-manages with Future Standard. The move comes as the fund faces rising loan defaults that contributed to a $560 million loss in the first quarter. The investment includ…
pandaily.comThe investing giant synonymous with cheap funds that track indexes is looking to change that approach, according to an exclusive report. Vanguard Group has long been defined by its low-fee passive investment products. The shift marks a potential evolution for one of the world's l…
forbes.comForbes published its second annual BLK 50: Money Masters list on Feb. 20, 2026, highlighting Black Americans in private equity, private credit and venture capital. The list features individuals managing more than $200 billion in assets under management. It builds on the 2024 inau…
A former Asia quant research chief at Citadel Securities has more than tripled assets at his China-focused hedge fund in recent months. The firm increased fundraising after establishing a strong performance record. The growth reflects renewed investor interest in China strategies…
CoinDeskBlackRock filed paperwork with the SEC on May 9, 2026, to launch the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, which will issue OnChain Shares on public blockchains. The firm also proposed an onchain share class for its BlackRock Select Treasury Based Liquidity Fun…
inc42.comBlackRock plans to introduce two money-market funds aimed at investors who hold cash in stablecoins. The move indicates the asset manager anticipates a lasting base of customers in the digital-dollar economy. The funds will allow stablecoin holders to earn returns on their cash b…
BenzingaBlue Owl Capital is holding early-stage talks with investors about launching a credit secondaries fund. CEO Marc Lipschultz previously described the sector as offering substantial opportunity while cautioning against signs of market mania. The NYSE-listed firm is moving amid grow…
Financial TimesApollo Global Management chief executive Marc Rowan said private capital funds sold to retail investors often include immediate mark-ups on day one. He warned that such practices raise questions about the accuracy of valuations in private equity. The comments come amid growing re…
manilatimes.netFour wallets possibly linked to Paradigm Capital deposited 11,615 ETH, valued at $27.29 million, into FalconX three hours ago. The transfers were reported by on-chain analytics. No further details on the purpose of the deposits were available.
BloombergA private credit fund overseen by Apollo reported a loss for the quarter. The fund attributed the result to declining valuations amid market volatility and weakness in certain deals. The disclosure highlights pressures facing parts of the private credit sector.
SemaforMan Group, the world’s largest listed hedge fund manager, is opening an office in Abu Dhabi’s ADGM for distribution, investment and trading. Capital Group will open its first Gulf office in the same hub later this year. The moves come as Rokos Capital Management advances its own…
Leading credit CEOs discussed AI's potential impact on software-heavy private credit and leveraged loan markets, seeing it as driving greater dispersion rather than broad disruption. They agreed current stresses pose no systemic risk, with differing outlooks on software defaults.
401kspecialistmag.comAllianceBernstein conducted its Q1 2026 earnings call, highlighting a merger with Corebridge targeting $100 billion in assets under management. The company also raised its fee outlook and discussed growth engines. Seekingalpha.com reported these developments from the call.
BloombergA hedge fund based in Singapore has grown its assets to $9 billion. The growth involved obsessive monitoring of Slack communications as part of operations. Afternoon naps also contributed to the fund's operational success.
Substrate placeholder — needs reviewLarry Fink, Chief Executive Officer of BlackRock, stated that big institutional investors like insurers are showing increased demand for private credit. He added that retail clients are growing skittish over the asset class and seeking to redeem more shares. The information comes…
Substrate placeholder — needs reviewA pension fund for German dentists has filed a lawsuit against its former managing director, seeking €50 million in damages. The action follows losses that reduced the fund's assets by half. The case involves allegations related to the management of the fund's investments.