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Anne Walsh’s Passion Is to Bring More Women to Finance
Bloomberg Originals· 2025-07-09 15:10
You know, it really is something I'm passionate about is trying to attract women to the industry. We see movies like Wolf of Wall Street, you know, and Greed is Good. And that's just not really very attractive to women and also young people today.Uh they want purposeful careers. They want to know that they're making a difference. And in my view, investment management and asset management are making a difference.We're we're the caretakers for people's uh retirement money or the savings for their kids to go t ...
X @Bloomberg
Bloomberg· 2025-07-09 14:34
Anne Walsh, CIO of Guggenheim Partners Investment Management, tells @sonalibasak why bringing more women into the finance world isn’t just a goal — it’s her passion.Watch the full episode of Bullish on the Bloomberg app https://t.co/oSp6OsKcPV https://t.co/pYwdbXABkY ...
Bloomberg And Clearwater Analytics Partner to Optimize Investment Management Workflows
Prnewswire· 2025-07-09 13:15
NEW YORK, July 9, 2025 /PRNewswire/ -- Bloomberg and Clearwater Analytics (NYSE: CWAN) ("Clearwater") today announced a strategic collaboration to deliver a front-to-back investment solution for asset owners and asset managers using an open and modular approach. This collaboration brings together best-in-class solutions to introduce a comprehensive investment management offering.The new offering will provide users with an enhanced operating model that delivers scale, speed, and flexibility, allowing them to ...
X @Bloomberg
Bloomberg· 2025-07-09 07:14
Active investment managers have no option but to adopt hedge fund strategies to counter the migration to low-cost passively run portfolios, according to an outperforming French asset manager https://t.co/GqDCpSZ4Ic ...
GAM Holding AG appoints Albert Saporta as Group Chief Executive Officer and Tim Rainsford as Group Chief Distribution Officer
Globenewswire· 2025-06-18 05:00
Tim Rainsford_GAM Tim Rainsford - Incoming Chief Distribution Officer, GAM Albert Saporta_GAM Albert Saporta - New Group CEO, GAM Zurich: 18 June 2025 PRESS RELEASE Ad hoc announcement pursuant to Art. 53 Listing Rules: GAM Holding AG appoints Albert Saporta as Group Chief Executive Officer and Tim Rainsford as Group Chief Distribution Officer GAM Holding AG (SWX: GAM) today announces senior leadership changes as the Group moves into the next phase of sustainable growth. Albert Saporta has been appo ...
AMG Names Thomas M. Wojcik as President and Chief Operating Officer
Globenewswire· 2025-06-03 10:59
Group 1 - AMG announced the appointment of Thomas M. Wojcik as President, effective June 3, 2025, while he continues as Chief Operating Officer [1] - Jay C. Horgen remains as Chief Executive Officer, and both executives will collaborate on AMG's growth strategy [1] - Wojcik joined AMG in 2019, previously serving as Chief Financial Officer and has played a significant role in the company's strategic development [2] Group 2 - AMG focuses on expanding its participation in secular growth areas, increasing exposure to private markets and liquid alternative strategies, which now contribute half of its earnings [2] - As of March 31, 2025, AMG's aggregate assets under management were approximately $712 billion across various investment strategies [3] - AMG's strategy aims to generate long-term value by investing in high-quality independent partner-owned firms and supporting their independence and ownership culture [3]
Nvidia: The Leader Reigns Supreme
Seeking Alpha· 2025-06-02 16:35
Group 1 - The author has been active in the markets for several years, focusing primarily on long/short equities [1] - The author holds a Bachelor of Science Degree in Finance and Accounting, with a minor in History, and has experience managing investment portfolios [1] - The author has completed internships at a large bank and in managing a university endowment [1] Group 2 - The article emphasizes the importance of conducting due diligence before making any investment decisions [3] - It is advised that investors seek advice from brokers or financial advisers [3] - The article states that past performance is not indicative of future results, and no specific investment recommendations are provided [4]
Results of the Annual General Meeting of GAM Holding AG
Globenewswire· 2025-05-14 17:30
Zurich: 14 May 2025 PRESS RELEASE Results of the Annual General Meeting of GAM Holding AG All proposals, as recommended by the Board of Directors, were approved with large majoritiesChairman and all members of the Board of Directors re-elected At the Annual General Meeting held on 14 May 2025, the shareholders of GAM Holding AG approved all the proposals put forward by the Board of Directors. Shareholders who were unable to attend the Annual General Meeting could give their voting instructions to an indepe ...
State Street(STT) - 2025 FY - Earnings Call Transcript
2025-05-14 14:00
Financial Data and Key Metrics Changes - Full year fee and total revenue increased by 79% from 2023, with notable items excluded, fee revenue, net interest income, and total revenue each increased by 6% year over year in 2024 [13][14] - Earnings per share (EPS) was $8.21 compared to $5.58 in 2023, with a year-over-year EPS growth of 13% excluding notable items [14] - Pre-tax margin expanded by more than 100 basis points, and return on average tangible common equity was 19% [14] Business Line Data and Key Metrics Changes - Investment Services generated strong assets under custody and administration (AUCA) wins of over $2.3 trillion in 2024, with significant year-over-year increases in new servicing fee revenue wins [14][15] - State Street Alpha solution accounted for approximately 50% of the new AUCA wins, with seven new Alpha mandates achieved [15] - Investment Management franchise achieved record levels of management fees, generating $146 billion of net new assets in 2024 [17] Market Data and Key Metrics Changes - Despite lower average FX volatility in 2024, FX trading services generated double-digit revenue growth supported by strong client volumes [18] - The cash business generated $32 billion of inflows, while the institutional business also had positive inflows driven by U.S. defined contributions [17] Company Strategy and Development Direction - The company focused on driving revenue growth, improving sales performance, and enhancing its operating model, which led to strong financial performance and business momentum [12] - Strategic investments in capabilities and client value proposition have positioned the company to compete better and win [12][22] - The company aims to return about 80% of earnings to shareholders in 2025, subject to market conditions [19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the rapidly evolving operating environment and emphasized the importance of creating better outcomes for investors [11] - The company expressed strong conviction in its strategy and ability to serve clients well, despite current operating environment challenges [22] Other Important Information - The State Street Foundation invested nearly $22 million in 2024, focusing on education and workforce readiness initiatives [20] - The company announced the appointment of John F. Woods as the new Chief Financial Officer, expected to join in late August [21] Q&A Session Summary Question: Experience in the level of trust between first line managers and their teams - The board regularly reviews employee engagement scores, which include trust metrics, and has seen year-on-year improvement in these scores [48][50] Question: Why has State Street rebranded its ESG committee instead of eliminating it? - The company clarified that it does not have an ESG committee at either the board or management level, focusing instead on attracting and retaining talent through various management committees [53]
5 Ugly Investments 'Everyone' Is Buying
Seeking Alpha· 2025-05-12 06:33
I like the lessons in children's stories (ranging from " The Little Engine that Could " to " The 3 Little Pigs "). This article is also about another one, "The Emperor'sMark D. Hines founded Blue Harbinger Research in 2015 to help you manage your own investments. He shares investment idea reports and the "High Income NOW" and "Disciplined Growth" portfolios. Mr. Hines is an ex $10B+ pension and mutual fund portfolio manager. He has a BS in Finance from the University of Illinois at Urbana-Champaign and an M ...