News Formal

Taking stock of a remarkable year in asset and wealth management - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Sverige Nyheter Nyheter

Taking stock of a remarkable year in asset and wealth management

and LPL Financial and Macquarie's bid for Waddell & Reed's businesses, the asset and wealth management industries underwent drastic consolidation.

Investment management merger and acquisition activity in the US was valued at some $28 billion this year, the highest overall deal value in the sector since $29 billion in 2000, according to data from Dealogic. Meanwhile JPMorgan, Goldman Sachs, and Citi all laid out new ambitions or executed on plans to grow their wealth businesses, and aAnalysts and executives expect the wave of consolidation to carry into next year as sheer scale has become a necessity for fee-pressured investment managers looking for an edge.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Bitcoin

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Princeton professor warns students against taking his class in China - Business InsiderA Princeton professor warned students not to take his class while in China amid the country's tightening grip on dissent Field Trip to appalachia to learn how biden bams policies are useless for American Policy FailedintheUSA PolicyDrops BidenEconomicsFails lawlessleftistsbadforUSEnergy Smart professor, this also avoids sone Chinese students complains about “the contents offends their feelings”.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Elon Musk taking Twitter break 'for a while' - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Off to Gambled or Gambling in GameStop? What say you elonmusk 👍👍 I’m still here if anyone wants to throw a follow! 😃✋
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

T-Mobile for Business BrandVoice: Why Taking Care Of Business Took On New Meaning In 2020“Taking Care of Business,” – a content and podcast series I host, gives me the opportunity to speak with some of the biggest game changers and business leaders to learn how they are driving new innovations, navigating the challenges of 2020 and shaping organizational cultures.
Källa: Forbes - 🏆 394. / 53 Läs mer »