HK Private Wealth Assets Seen Surging to $2.3 Trillion By 2030
Private wealth assets under management in Hong Kong may nearly double to $2.3 trillion in six years, according to Bloomberg ...
Hightower to Buy Majority Stake in a Firm That Will Boost Its Assets Under Advisement to $1.8 Trillion
The addition of an outsourced CIO will give Hightower’s advisors access to a menu of packaged alternative funds at favorable ...
Financial Planning1h
Raymond James rides net flows to nearly $1.6T in assets
CEO Paul Reilly said that even if the firm is recruiting fewer advisors, the books of business it is bringing on are growing ...
IPPMEDIA6d
Global Assets under Management set to increase to $145.4trn by 2025
Embracing Exponential Change’, PwC anticipates that global Assets under Management (AuM) will almost double in size by 2025, ...
Think Advisor5h
Modern Wealth Management Buys $1.4B Petso Financial
Modern Wealth Management has acquired Boise, Idaho-based Petso Financial Consultants LLC, a fee-only financial advisory firm ...
KKR Posts Higher 3Q Revenue, Increases Assets Under Management
KKR increased its revenue and grew its assets under management in the third quarter. The New York investment firm on Thursday posted net income of $654.6 million, or 69 cents a share, compared with $1 ...
Northern Trust quarterly profit jumps on higher fee from asset management
Northern Trust reported a 42% rise in third-quarter profit on Wednesday, on a higher fee income from servicing and managing ...
Blackstone Stock Hits Record High as Assets Under Management Jump
Blackstone shares soared to a record high Thursday after the world's largest alternative asset manager reported its profit ...
World’s largest investment managers see assets hit $128 trillion in return to growth
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Total assets under management (AUM) at the world’s 500 largest asset managers reached USD 128.0 trillion at the end of 2023, according to new research from ...
Investment Executive2d
CG Wealth Management hits $40B asset threshold, sets sights on doubling that
With the acquisition last month of a CIBC Wood Gundy team that oversees $1.4 billion in client assets, CG Wealth Management’s ...
Jupiter Fund Management Assets Under Management Falls
Jupiter Fund Management posted slightly lower assets under management for the third quarter due to no material improvement in client sentiment. The London-listed money manager's assets under ...
Ares Management stock has soared, but there’s 1 key risk
Ares Management (ARES) stock has had a remarkable performance in the last decade, making it one of the best-performing ...