By Nell Mackenzie LONDON (Reuters) -Odey Asset Management, one of Britain’s best known hedge funds, will shut, it said on Tuesday in a statement on its website, less than six …
Management
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By Suzanne McGee (Reuters) – Goldman Sachs Asset Management (GSAM) has launched a pair of defined outcome exchange-traded funds (ETFs), a group of products that use options strategies to offer …
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By Nick Carey LONDON (Reuters) – The management of bankrupt electric truck maker Volta Trucks is urgently seeking a buyer to take the company out of administration and help it …
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By Alexander Marrow (Reuters) – Printer maker Xerox Holdings on Wednesday said it had sold its operations in Russia to local management for an undisclosed sum, becoming the latest Western …
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By Xie Yu and Clare Jim HONG KONG (Reuters) – As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening …
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NJ Management Co Agrees to Pay $61,581 for Violating Servicemembers Civil Relief Act
by Indira PatelMOUNT LAUREL, NJ – JAG Management Company LLC (JAG) will pay $61,581 to settle allegations that it violated the Servicemembers Civil Relief Act (SCRA) by imposing illegal termination fees on …
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By Pete Schroeder WASHINGTON (Reuters) -The leadership of Silicon Valley Bank and its government supervisors failed to quickly recognize risks looming in the firm before its March failure, according to …
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TOMS RIVER, NJ – Ocean County Department of Parks and Recreation will host a six-week course aimed at empowering individuals with chronic diseases to manage symptoms like fatigue and depression, …
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By Makiko Yamazaki (Reuters) – Japanese Prime Minister Fumio Kishida aims to spur competition in the country’s $5 trillion asset management industry by prompting new market entrants to turn dormant …
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BEIJING (Reuters) – Police in southern China have detained some staff at China Evergrande Group’s wealth management unit, suggesting a new investigation that could add to the property giant’s woes. …
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(Reuters) – Wall Street giant Goldman Sachs has named Monali Vora as its head of wealth investment solutions for asset management, according to an internal memo seen by Reuters on …
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(Reuters) – Goldman Sachs Asset Management has appointed Anupam Damani and Lindsay Rosner as managing directors to its fixed income and liquidity solutions business, a memo seen by Reuters showed …
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(Reuters) – U.S. shale oil producer Diamondback Energy has formed a new joint venture with private equity firm Five Point Energy LLC to create a water infrastructure network in the …
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(Reuters) – Shares in Macquarie Group slipped more than 2% on Wednesday after the Australian investment bank flagged that its asset management division will face continued economic headwinds through the …
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(Reuters) – Cloud data analytics company Snowflake beat second-quarter revenue and profit estimates on Wednesday, boosted by rising data management and storage needs of businesses amid a surge in the …
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(Reuters) – The head of the Maui Emergency Management Agency (MEMA) resigned on Thursday, citing health reasons, the Maui County government said on its Facebook page. MEMA Administrator Herman Andaya …
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(Reuters) – Activist investor Elliott Investment Management has dissolved its stake in payments giant PayPal, according to a filing with the U.S. Securities and Exchange Commission. (Reporting by Manya Saini …
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By Lananh Nguyen, Niket Nishant and Manya Saini (Reuters) – Goldman Sachs executive Julian Salisbury will join investment firm Sixth Street as a partner and co-chief investment officer early next …
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BEIJING (Reuters) – China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and security …
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By Xie Yu HONG KONG (Reuters) – Consolidation within the global wealth management sector will speed up while managers continue to face regulatory challenges, a report based on a global …
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By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with total cash assets under management reaching a “monster” $7.8 trillion, …
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ZURICH (Reuters) -UBS’s flagship global wealth management business on Thursday announced a raft of management changes triggered by the Swiss bank’s takeover of Credit Suisse. Several former Credit Suisse managers …
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Odey Asset Management to move Adrian Courtenay’s fund to Green Ash Partners -letter to investors
by ReutersBy Nell Mackenzie LONDON (Reuters) -Odey Asset Management is in advanced talks to move its special situations fund managed by Adrian Courtenay to Green Ash Partners, said a letter to …
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By Tatiana Bautzer NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee to oversee its integration with UBS Group AG, according to a …
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(Reuters) – Asset manager Oaktree Capital Management L.P. on Wednesday named insiders Robert O’Leary and Armen Panossian as co-CEOs to replace Jay Wintrob, who is resigning in the first quarter …