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Showing 671 - 680 of 4582 results for "KAR"

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
Despite the raging bull market, and lower inflation and unemployment levels, JPMorgan Chase chief executive Jamie Dimon is "cautiously pessimistic" about the US economy in 2025. Dimon said in a CBS interview that geopolitical tensions underpin his stance ...

Global ETF inflows hit US$2tn: ETFGI

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
Money pouring into global exchange-traded funds (ETF) hit a record high of US$1.9 trillion during 2024, new insights from research firm ETFGI shows. SSGA's SPDR S&P 500 ETF Trust (SPY) raked in the highest net inflows of US$626 billion during the ...

MUFG Pension & Market Services awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
MUFG Pension & Market Services (MPMS) has awarded Tata Consultancy Services (TCS) a mandate to help transform its retirement solutions business. The Memorandum of Understanding (MOU), in the new partnership, outlines joint initiatives in product development ...

One in five pension funds face liquidity risks

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
Nearly one in five pension funds face liquidity risks particularly as they increase allocations to private assets, a new survey shows. The study of pension funds from the UK, US, Netherlands, Canada, and the Nordics by Ortec Finance reveals many are ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Blackstone, KKR, and Carlyle are among the private equity firms that will collectively pay the Securities and Exchange Commission (SEC) US$63.1 million for failing to keep appropriate communications records. They join a growing list of financial institutions ...

Channel Investment Management secures RE mandate

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Channel Investment Management has secured a responsible entity (RE) mandate from a global real estate fund manager to oversee another two strategies. CBRE Investment Management's Global Infrastructure Securities Fund and Global Property Securities ...

Family offices turn to start-ups, M&As: PwC

KARREN VERGARA  |  MONDAY, 13 JAN 2025
Family offices have increasingly shunned real estate in favour of direct company investments over the last decade, a new report from PwC reveals. The annual study found family offices' appetite for companies that are start-ups, and merger and acquisition ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
Bain Capital has re-entered the arena to vie for Insignia Financial, matching CC Capital Partners' $4.30 per share offer. Insignia rejected Bain Capital's bid of $4 per share on December 18, claiming it "does not adequately represent fair value" ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
Platinum Asset Management grew its assets under management (AUM) in the last month of 2024 to end up with $11.1 billion. The fund manager made a net gain of $93 million during the month of December despite experiencing outflows of $289 million. Some ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
Bitcoin reaped nearly four times more in returns compared to US equities during 2024, achieving 147% and trumping all the major asset classes. According to a VanEck and Bloomberg analysis, US equities delivered 38.2% for the year while global equities ...