asset management

Banking

Goldman Sachs Considers Its Next CEO

Photo via Tom Williams/CQ Roll Call/Newscom

Goldman Sachs’ board discussed COO John Waldron taking the reins around the end of next year or early 2028, The Wall Street Journal reported.

2 min read

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Finance

Jefferies’ Record Investment Banking Results Raise Stakes for Wall Street Giants

Jefferies shares are down 24% so far this year compared with a 2.2% gain by the S&P 500 bank industry group.

2 min read
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Advisor Upside

Valuation Questions Abound As Private Assets Enter 401(k)s

There’s a sizable gap between what everyday 401(k) plan investors expect from private-market valuations and the current industry standard.

2 min read
Photo via Alan Siu Mui Lun/Newscom

Private Equity

Apollo Caps Private Credit Fund Withdrawals After Requests Near 17%

The firm estimates that gross outflows from Apollo Debt Solutions will be roughly $700 million for the quarter.

1 min read

Advisor Upside

Wellington’s $1.9B Deal to Buy Hartford Funds

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As asset managers look to scale quicker, consolidation has become the name of the game.

2 min read

Private Equity

Apollo Boosts Private Credit Transparency as Industry Faces Record Redemption Requests

Photo via Alan Siu Mui Lun/Newscom

The firm reported Wednesday that assets under management surpassed the historic $1 trillion milestone in the first quarter.

2 min read

Photo via Xiaomei Chen/SCMP/Newscom

Finance

Dollars at Dawn? Victory Capital Duels With Peltz’s Trian for Janus Henderson

A bidding war for Janus Henderson is no surprise as many asset management firms pursue consolidation in a bid to buttress against outflows.

2 min read
Photo via Thomas Fuller/ZUMAPRESS/Newscom

Advisor Upside

Goldman, BNY Shuffle Wealth Leadership Roles

Two of Wall Street’s heavy hitters have done a bit of housekeeping in their wealth and asset management units.

1 min read
Photo by Mathias Reding via Unsplash

Advisor Upside

Advisors and Asset Managers Don’t See Eye-to-Eye on Alts

Asset managers ranked access to alternative investments as advisors’ top interest. Advisors placed it third to last.

2 min read

Advisor Upside

1 in 5 Wealth, Asset Firms Will Be Acquired by 2029

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Mid-sized firms are being squeezed by shrinking profit margins and rising technology costs.

1 min read

Photo by Cj via Unsplash

ETF Upside

Motley Fool Asset Management Plans Big Expansion into ETFs

The company, whose parent is the personal finance publisher, would add 15 ETFs to its existing line of six.

2 min read

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