BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).
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Softer-than-expected core inflation data suggests Fed will not cut rates anytime soon, asset managers say
The Fed has considered the inflation rate a key factor in its monetary policy decisions. The Fed’s key short-term interest ...
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...
West Lothian council leader insists they are not looking to close community centres
In June last year council officers proposed that centre management committees take ownership of the venues and run them as ...
Generali Near Deal With Natixis for Asset Management Venture
Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut costs and team ...
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Aligned secures $12 billion in funding for 5GW data center build out
Aligned Data Centers has raised more than $12 billion in equity and debt funding. The company this week announced it has ...
CPI data should quiet critics of Fed's December rate cut: Nikko Asset
While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...
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Blackstone-controlled ASK Group’s wealth arm targets investors with new Dubai office
The private wealth management arm of ASK Asset & Wealth Management Group, the Indian financial services firm in which ...
Markets likely to be 'whipsawed' by incoming economic data: Principal Asset Management
Investors appear to be pretty comfortable with Wednesday's inflation reading. But how long that will last? Seema Shah, chief global strategist at Principal Asset Management, pointed out in commentary ...
Sheffield Town Hall could finally be restored and refurbished as iconic building ‘showing its age’
Sheffield’s iconic 125-year-old town hall will need to be restored and refurbished as the building has started to show its ...
Sprott Asset Management launches silver miners and physical silver ETF
Sprott Asset Management LP on Wednesday launched its silver miners and physical silver exchange-traded fund, the latest addition to its critical materials ETFs.
Aligned Data Centers Completes $12+ Billion Capital Raise
Strategic Funding Accelerates Rapid Development and Innovation to Meet Surging AI and Cloud DemandDALLAS, Jan. 15, 2025 ...