The world’s largest asset manager just cut its outlook for the stock market

BlackRock (BLK) has downgraded its outlook for shares amid expanding economic uncertainty and persistent inflation. Strategists at BlackRock’s Financial commitment Institute claimed Monday the firm slash its exposure to designed…

Leucadia Asset Management Announces Strategic Relationship With Illuminate Financial

NEW YORK–(Small business WIRE)–Leucadia Asset Management, the asset administration division of Jefferies Financial Team Inc. (NYSE: JEF), today declared a strategic romance with Illuminate Financial Management, a enterprise cash organization…

Western banks explore asset swaps as a way of exiting Russia

UniCredit and Citigroup are exploring asset swaps with Russian economical establishments as western banks exiting the state scramble to prevent hefty writedowns on their functions, according to men and women…

Wealth Management vs. Asset Management | Financial Advisors

Virtually anyone can reward from the assistance of a economic professional, no matter whether you might be budgeting, filing taxes or running your investments. The issue is what sort of…

Power Corporation Group of Companies Consolidates Interest in China Asset Management Co., Ltd. Under IGM Financial

Readers are referred to the section “Forward-Looking Statements” at the end of this release. All figures are expressed in Canadian dollars. Power continues to simplify corporate structure Power Corporation sells…

Asset managers brace for bumpier markets post-pandemic

A increasing tide of warm fairness markets lifted almost all stated asset administrators in 2021 but the dispersion amongst winners and losers is envisioned to enhance subsequent 12 months as…