BlackRock profit jumps 38% as asset manager attracts USD 205 billion in quarterly inflows
While BlackRock's adjusted earnings per share climbed 38%, revenue rose to USD 7.8 billion, beating analysts' consensus estimate of USD 7.5 billion...
Tag : asset management
Profuturo’s sustained success is driven by consistent results
Profuturo’s commitment to a long-term strategy supported by disciplined investment and risk management is reflected in its competitive and sustained results...
AI in asset management market to reach USD 21.82 billion by 2030, says report
Integrating AI into asset management solutions has enhanced operational efficiency, accuracy, and real-time monitoring capabilities, especially in fraud detection...
Blackstone raises USD 13.1 billion for its Asia fund, exceeds target
Blackstone, while targeting USD 10 billion for the Blackstone Capital Partners Asia III, raised more than double the amount of its previous investment vehicle...
BlackRock, State Street join Wall Street’s tokenisation race
State Street's tokenised cash-management product will allow stablecoin holders to sweep their assets into an on-chain, yield-bearing asset...
Citi taps wealthtech firm Advyzon for global UMA program
Advyzon's program will consolidate Citi Wealth's existing investment products, ETFs and mutual funds into a single account structure...
Asset manager BlackRock sees profit rise, stock value remains a worry
BlackRock reported a net profit of USD 2.21 billion for the quarter. Its adjusted earnings were USD 12.53 a share, topping analysts' expectations by 99 cents...
AlTi Global appoints Nancy Curtin as interim CEO as Michael Tiedemann departs
Nancy Curtin previously was the Chief Investment Officer and Head of Investments at Alvarium Investments, until it merged to create AlTi...
BNP Paribas Asset Management eyes 350-billion-euro net inflows by 2030
By integrating the expertise of AXA IM, BNP Paribas Asset Management, and BNP Paribas REIM, the new platform now offers a diverse range of traditional and alternative assets...
Saudi asset management sector on upward trajectory, say ratings agencies
A well-established asset management industry will offer Saudi Arabia’s youthful and expanding population a broader and more diversified selection of investment and savings products...