"The reality is we are even more optimistic, perhaps than we were, that organizations that can aggregate private positions in smaller companies are going to be one of the winners out of this crisis," James Holder, the global head of Citi's private capital group,to cater to the growing demand from its wealthiest clients for private investments, recently said by phone from London.
But interest from the ultra-wealthy in private investments has grown significantly, and over the next three to five years "we expect that a growing proportion of [assets under management] inflow will come from segments that currently are under-allocated to private markets," including high-net-worth individuals, she said in a report on Tuesday.
BlackRock execs lay out how its $1.3 billion eFront deal is setting up Aladdin to crack into a massive alternative-investment opportunity "We just see more and more convergence in this area," Mike Beattie, managing director of SEI's investment manager services division and president of it Advisors' Inner Circle Fund Trust, said in a recent phone interview.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Check It out! Do You Want To create 3d construction animation video
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside story of Brex layoffs after $150 million raise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Affirm launches high-yield savings account - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. With the HIGH interest rates they charge, it’s the least they can do for those using these crooks as their savings bank.
Source: BusinessInsider - 🏆 729. / 51 Read more »
$250K to rent a luxury resort on a private island in the Florida Keys - Business InsiderAn adults-only resort in the Florida Keys is offering 'buyout' packages for travelers who want an entire private island to themselves — but a 3-day stay will run you $250,000. Take a look inside. For that price I can buy a place in the sticks and run around naked 365 days a year.
Source: BusinessInsider - 🏆 729. / 51 Read more »
There's $265 billion at stake as the construction industry digitizes - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If you build it, we shall paint rainbows on the windows. You have all been warned. And not just for the construction industry. As lockdown starts to go into reverse, the fallout will leave no end of opportunities for business of all kinds. Picking these up and putting them to work is what free enterprise does.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Alt lender Prospa announces solid March performance - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The PR industry continues to struggle with diversity - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »