May 21, 2024
Funds

European retail hedge fund assets shrink to 8-year low, says Kepler

By Nell Mackenzie and Iain Withers LONDON (Reuters) – Retail investors are pulling out of Europe’s hedge fund industry, with assets under management shrinking to an eight-year low according to data released on Monday, as higher interest rates and lagging performance send smaller investors elsewhere. Assets in alternative ‘UCITS’ funds in Europe shrank 3% to

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Finance

Stratus Financial Celebrates Remarkable Growth with $50M in Assets Under Management Milestone

Rapid Expansion Demonstrates Market Leadership IRVINE, Calif., April 17, 2024–(BUSINESS WIRE)–Stratus Financial, a leading financial services firm specializing in student pilot flight school financing, is proud to announce a momentous achievement: the company has surpassed $50 million in Assets Under Management (AUM) since its inception. This milestone underscores Stratus Financial’s rapid growth and strong position

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Finance

IGM FINANCIAL INC. ANNOUNCES MARCH 2024 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWS

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

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Finance

Revenues Exceed C$10.4 Million, Notable Strategic Developments and Restatement of Fiscal 2022 Financial Results

TORONTO, April 1, 2024 /CNW/ – DeFi Technologies Inc. (the “Company” or “DEFI“) (NEO: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralised finance, announces its financial performance for the twelve months ended December 31, 2023 (all amounts in

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Investment

Abu Dhabi targets $100 billion AUM for AI investment firm

Abu Dhabi is setting up a technology investment firm targeting deals in artificial intelligence and semiconductors that could surpass $100 billion in assets under management in a few years, according to people familiar with the matter. Abu Dhabi’s new investment firm focusing on AI and semiconductors could surpass $100 billion in assets under management. {{^userSubscribed}}

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