Category Archives: distribution

McKinsey Discusses North American Asset Management AUM and Challenges Ahead

McKinsey in its latest industry study, “Beyond the Rubicon: Asset Managment in an era of unrelenting change”, discusses structural transitions, macroeconomics, and further growth ahead. Read the full study McKinsey: Beyond the Rubicon. The 34-page report discusses five strategic questions: … Continue reading

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China Investment Corporation – It pays to invest overseas… and in equities

The picture is simple. Sovereign funds, in Asia-Pacific and the world at large, act as a leading indicators for the investment management industry. They have long-term capital to play with and are willing to take calculated risks in alignment (hopefully) … Continue reading

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Monaco Fund Forum 2013: Lights, Camera, Action…

Where to begin… the Monaco Fund Forum International 2013, the largest asset management conference in the world, was another milestone. Featuring Sir Bob Geldof along with hundreds of CEOs worldwide, conference director Jenny Adams went out on a limb and … Continue reading

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Principal is buying majority stake in hedge fund manager. Alternatives, LatAm and more in E=MC2

E=MC2 The era of multi-convergence for investment management. A very important convergence trend for traditional asset managers has been to build up expertise in alternatives, to present holistic investment solutions and asset allocation views to institutional clients around the world. … Continue reading

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Multiconvergence: Orix buys Robeco for distribution and global brand

I am finishing a week of CEO discussions in Europe and, before flying back to NY, Orix just announced the acquisition of 90.01% of Robeco equity from Rabobank for about two billion Euros (240 billion yen) to expand the global … Continue reading

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Schroders increases US assets to $35b with STW acquisition

Global boutique investment specialist Schroders is continuing to build out business away from its UK home – today the firm announced the acquisition of STW Fixed Income Management in the US. STW is a US investment grade bond manager with … Continue reading

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Multi-Convergence: HK PE firm GCS buys Dexia Asset Management

That was fast. Less than ten days after entering exclusive acquisition talks with Dexia, HK-based private equity firm GCS Capital is buying the asset management arm from the Dexia group, a case of #East2West and #Multi-Convergence. The price was set … Continue reading

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Global Trends 2030 – Welcome to the Future

The sad thing about the comprehensive work of the National Intelligence Council looking at future global trends is that it only is published every four years, and the speed of change has been increasing dramatically. To that end, #GT2030 has … Continue reading

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Earnings: BTG Pactual moves forward – acquisitions, investment funds, record numbers … and a lower Selic rate

When writing about Latin America, one cannot avoid looking at the example of Brazil. When writing about Brazil, one cannot avoid looking at the example of BTG Pactual. I have clearly written a lot about the firm in recent months … Continue reading

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Earnings season: Goldman Sachs with 850b in investment mgmt assets and 8b in net revenues

Leaving aside that Goldman got in trouble for preparing for trouble in the aftermath of Sandy, the firm reported strong quarterly results. 850+ billion in investment management assets, over $8 billion in net revenues, with over $4 billion in institutional … Continue reading

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