PM Mark Carney names financier Mark Wiseman as Canada’s ambassador to the US
Prime Minister Mark Carney announced on Monday that financier Mark Wiseman will serve as Canada’s next ambassador to…
Carlyle hires Bill Ryan to lead retirement solutions effort – Pensions & Investments
Carlyle hires Bill Ryan to lead retirement solutions effort Pensions & InvestmentsCarlyle Taps NEPC’s Bill Ryan as Head of…
NYC pension system will be in better hands after Brad Lander’s departure as city comptroller
Brad Lander won’t be New York City comptroller much longer — and that’s good news for Gotham’s rank…
Trump administration narrows list of potential Federal Reserve chairs to 5
WASHINGTON (AP) — Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome…
Wall Street’s $140 Billion China Property Dream Is Crashing Fast
This article first appeared on GuruFocus. Foreign investors who once flooded China’s property market with nearly $140 billion…
BlackRock, Nvidia-backed group strikes $40 billion AI data center deal
(Reuters) -An investor group, including BlackRock (BLK) and Nvidia (NVDA), will buy Aligned Data Centers from Macquarie Asset…
Europe Asset Management Industry Reshaped by Deals in France, Switzerland, Italy
By Leonard KehnscherperJulia Janicki Published: September 23, 2025 | Updated: September 24, 2025 Europe’s asset managers have long…
Citi Picks BlackRock to Develop Custom Asset Management
Citi Wealth has chosen BlackRock to develop a new portfolio offering for its clients. Citi Portfolio Solutions powered by BlackRock, announced Thursday (Sept.…
Hong Kong’s CK Hutchison seeks Chinese investor to join Panama Ports deal
HONG KONG (AP) — A Hong Kong conglomerate that had agreed to sell its two ports at the…
The biggest asset manager in the world thinks you won’t achieve your goals.
Asset management behemoth Blackrock has declared that the 60% share/40% bond portfolio should be rethought. Morningstar’s Investment Management…
There are risks and rewards as crypto heavyweights push tokenization
As cryptocurrencies become more intertwined with the traditional financial system, industry heavyweights are racing for a long-sought goal…
Trump promotes energy investments in Pennsylvania
PITTSBURGH (AP) — President Donald Trump and Sen. David McCormick of Pennsylvania touted tens of billions of dollars…