Charles Schwab's fourth-quarter profit soars on higher asset management fees
Brokerage firm Charles Schwab said on Tuesday that its profit rose 44% in the fourth quarter driven by a jump in asset ...
Generali, BPCE agree to join forces in 'very ambitious' asset management deal
Italy's Generali and France's BPCE said on Tuesday they had taken the first step towards creating Europe's largest asset ...
A top 10 fund manager with $2 trillion in assets is being created. ‘The bigger, the better,’ says analyst.
Generali and Natixis are planning to merge to create the ninth-largest investment manager in the world by assets under ...
Generali board approves MoU in asset management deal with BPCE's Natixis, sources say
The board of Italy's top insurer Generali has approved a memorandum of understanding (MoU) that paves the way for an asset ...
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on ...
AUM of Wealth management industry to double to USD 2.3 trn in next 5 years: Report
New Delhi, Jan 21 (PTI) Demand for wealth management services in terms of assets under management (AUM) will more than double ...
Ninety One's Assets Under Management Rise
Ninety One said its assets under management rose over the third quarter of fiscal 2025. The London-listed asset manager on Friday said that its assets under management stood at 130.2 billion pounds ...
Demand for wealth-management services to more than double in 5 years: Deloitte
It is expected to grow from $1.1 trillion AUM to $2.3 trillion AUM between FY24-29, also driven by demand from beyond top 30 ...
Passive investing gains traction, but share in total MF AUM declines
After tripling from 5.8 per cent in April 2019 to 17.7 per cent in March 2023, passive funds' share slipped to 16.6 per cent ...
Pensions&Investments6d
J.P. Morgan’s asset and wealth management AUM hits $4 trillion; Dimon cautions on inflation.
Jamie Dimon, chairman and CEO, noted in the release that in the asset and wealth management division client net inflows ...
Jio Financial Services stock tumbles 3% after Q3 results, down 31% from peak
Jio Financial Services shares fell 3% to ₹271 after disappointing December quarter results. The company reported a slight net ...
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...