goldman sachs

Everybody’s anticipating a sweeping technological revolution, but they haven’t stopped to think about whether they’ll actually profit from it. More likely than not they’re holding onto horses when everybody’s making cars.

Vanguard usurped BlackRock as the biggest institutional fund manager in 2022 during a year where most firms went backwards, according to the latest Pensions & Investments global survey.

As rates rise and the money fuelled tech bubble pops, private companies – and their investors – are buckling down. The hard question, for which there is no good answer, is about what happens next.

Yarra Capital last week completed its acquisition of Nikko Asset Management’s Australian business, taking its assets under management to about $20 billion. Now the hard work begins. Branding has been decided, with Yarra Capital to remain the overall brand, Nikko’s fixed income business to be subsumed into Yarra’s and the old Tyndall Asset Management brand…

State Street Global Advisors will sharpen its ESG efforts on climate change and corporate racial diversity in 2021, adopting a more activist approach with investee companies. In a letter to major global corporations this month (January 11), Cyrus Taraporevala, SSGA chief, says the US$3.1 trillion manager will use its financial clout to pressure companies to…