Natixis Investment Managers commissioned a survey of 200 Chief Investment Officers (CIOs) at insurers in Asia, Europe, and North America. Nearly 75% said that it was essential to include alternative investments in their portfolios.
Their view emerged from current trends that make it very difficult for the CIOs to earn alpha.
A new McKinsey report puts total North American AUM at $43 trillion. The market hit that figure saw a 7% jump from the previous year. That said, industry profits (not-including alternative investments) declined by 3.7% to just $42.6 billion.
CG stock dipped 0.87% on Thursday Carlyle Group third-quarter earnings arrived on Thursday. In a statement, the global investment giant released its unaudited results for the period ending September 30, 2019. U.S. GAAP results for Q3 2019 included income before provision for income taxes of $261 million. The firm said that net income attributable to Carlyle Group …
AllFunds has announced a partnership with BNP Paribas. According to terms, BNP is taking a 2.5% stake in the world’s largest fund distribution network.
Beleaguered mall REIT CBL & Associates Properties (CBL) has attracted an activist investor. Mall REIT CBL & Associates could face pressure in the board room. Noted distressed debt and restructuring investor Michael Ashner has filed a 14D stating that he now owns 5.97% of the REIT. In the filing, Ashner says his firm “purchased the …
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