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 ...
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 ...
Financial Planning3h
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 ...
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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 ...
Bloomberg on MSN20h
Chinese Money To Boost HK Wealth Management Industry
A report from Bloomberg Intelligence forecasts stellar growth in Hong Kong's wealth management industry, with private assets ...
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 ...
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 ...
Arbuthnot Banking's Client Deposits, Assets Under Management Rise
Arbuthnot Banking said client deposits at its banking business grew over the third quarter, while it posted net inflows in its wealth-management division. The private and commercial bank on Thursday ...
Zawya1d
FAB Asset Management raises close to $200mln through successful launch of fixed maturity portfolio
Launched to meet the varying needs and investment preferences of FAB clients, these funds were made available to professional ...
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 ...
BlackRock’s assets under management surge to record $11.5tn
BlackRock’s assets under management surged to a record $11.5tn,last quarter as the world’s largest money manager benefited from a rally in markets and attracted cash from investors. Revenue rose 15 ...