Ameriprise Financial, Inc. (NYSE:AMP) Q1 2024 Earnings Call Transcript April 23, 2024 Ameriprise Financial, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to the Q1 2024 Earnings Call. My name is Brianna, and I will be your operator
Photo: Jose Cabezas (Reuters) Bitcoin is going through a topsy-turvy phase as Bitcoin halving is on the horizon. The top cryptocurrency jumped yesterday after learning that Hong Kong had approved spot Bitcoin ETFs, but it fell again soon after. The cryptocurrency continued its decline on Tuesday morning with an over 4% drop in a day
Last month, Hong Kong-based hedge fund Infini Capital Management opened an Abu Dhabi office after receiving in-principle approval from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) to establish a presence there, according to the company. This would set the stage for it to become the first Asian hedge fund manager in the Abu Dhabi Global
WINNIPEG, MB, April 3, 2024 /CNW/ – IGM Financial Inc. (IGM) (TSX: IGM) today reported total assets under management and advisement of $252.2 billion at March 31, 2024, compared with $247.5 billion at February 29, 2024, and $234.1 billion at March 31, 2023(1). Assets under management and advisement are shown in Table 2. Total consolidated net
We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and public sectors in allocating financial resources to the global economy. Failure to do this could result in a dramatic rise in tax rates around the
Legal and General Investment Management is set to overhaul its UK property fund amid pushback from investors and the regulator around liquidity issues plaguing the sector. Under the new structure, LGIM will adopt a “hybrid” approach: 45% of the portfolio will be held in direct property, with 45% reallocated into shares of globally listed real estate investment trusts.
Published: Feb. 6, 2024 at 6:25 a.m. ET Kwasi Kwarteng, who served as the U.K.’s finance minister during the mini-budget crisis which saw Britain’s pound drop to its lowest ever levels against the U.S. dollar, has said he will not stand for reelection as a member of parliament. The British politician, who had previously worked
Commission-based “load” mutual funds and the financial advisors who still sell them seem passé, like riding a horse and buggy to reach your investment goal instead of a zippy new exchange-traded fund. Yet there are excellent load funds run by top fund managers at big shops. Of the 10 largest mutual fund families, six have
Published: Jan. 17, 2024 at 3:08 a.m. ET By Elena Vardon Brooks Macdonald Group said it expects momentum on gross inflows to continue across its products over the second half of fiscal 2024 as it posted a rise in funds under management for the second quarter. The U.K. asset manager on Wednesday said that the
Leading figures in the financial sector are shunning Davos this year, as the World Economic Forum fights to compete with a growing number of rival conferences around the world. Bank of England governor Andrew Bailey, Dame Anne Richards of Fidelity International, John Studzinski of Pimco and Hendrik du Toit of Ninety One have all opted