Luigi de Vecchi will join the US investment bank from July and open Milan office
Stefan Hoops says trade war has triggered long overdue spending push on the continent
Demand from retail funds has allowed big institutions to sell buyout stakes at attractive prices despite industry slump
Treasury to begin consultation as UK chancellor looks to encourage savers to invest in domestic stocks
The wealth manager’s future growth will rely on luring more of the ‘mass affluent’
Big institutional money managers said to trim US exposure on concerns over policymaking
Plus, the competitors circling BP, and WeightWatchers files for bankruptcy
Downing Street meeting looks at ways to revive sentiment towards London stock market
Australian asset manager highlights threat of pushback against renewable energy
Prosecutors described founder of cryptocurrency lender as a ‘fraudster of epic proportions’
US Treasury secretary’s message in Beverly Hills got a mixed review from investors
Chief Harvey Schwartz expresses optimism US Federal Reserve can act quickly to cut rates if needed
Asset manager seeks to boost collaboration as companies roll back pandemic-era policies
While deals globally are drying up, one sector went ahead — and even paid full prices
EU member states push for rule change to make tech groups shoulder responsibility for fraud that costs billions each year
Buyers could include some of the largest investors in Izzy Englander’s firm
Billionaire financier’s bid to emulate the Oracle of Omaha comes with some quirks
How the Oracle of Omaha embarrassed his own industry
Pair are combining $40bn in personal investments and look to raise billions from outside investors
Financier assumes effective control of Howard Hughes and will shift its strategy to hunt for acquisitions
Promise is similar to a controversial enticement to University of California to halt a flood of redemptions
Buyout firms’ difficulties in securing exits and distributing cash to investors are leading to mounting frustration
Returns are likely to be lower in a world of weaker growth, higher interest rates and a slump in dealmaking
The key conversation in asset management now is around the new “neutral” level for portfolios
It is not hard to see why public and private behemoths are teaming up