US money managers are working on private arrangements to stem a wave of defections by sustainability-focused clients in Europe’s $7 trillion pensions market https://t.co/Em7CiPcHEe ...

Ares has resisted partnering with other money managers to reach everyday investors, including through the 401(k) market, even as others team up with more traditional firms to invest for the masses. https://t.co/Y2tXfig71F ...

Core Insights - Hamilton Lane has been recognized as a "Best Place to Work in Money Management" for the 14th consecutive year by Pensions & Investments, highlighting its consistent excellence in workplace culture since the program's inception in 2012 [1][2] Company Overview - Hamilton Lane is a leading private markets investment management firm with approximately 770 employees globally, serving over 2,600 clients, including individual investors and large institutional entities [3][5] - The firm manages $1.0 trillion in assets, comprising $145.4 billion in discretionary assets and $859.8 billion in non-discretionary assets as of September 30, 2025 [5] Workplace Culture - The recognition reflects Hamilton Lane's commitment to fostering a collaborative, inclusive, and innovative work environment, which is essential for attracting and retaining talent [3][4] - Co-CEOs Erik Hirsch and Juan Delgado emphasize that the firm's success is rooted in its people, aiming to create a supportive and inspiring workplace [4] Awards and Recognition - In addition to the P&I Best Places to Work award, Hamilton Lane has received multiple accolades in 2025, including recognition for ESG value creation and being named the Best Alternatives Asset Manager in Singapore [6]

Major banks and brokerages on Wall Street are dashing to come out as the big winner and handle the so-called "Trump accounts" for kids. The Wall Street Journal reported late Wednesday that financial firms want a stake in the nascent program, which is designed to provide $1,000 in federal cash to children born during President Donald Trump's second term. The initiative received a big boost this week from Dell Technologies CEO Michael Dell and his wife, Susan, when the pair announced a $6.25 billion donatio ...

Private markets will generate more than half of the money-management industry’s revenues by 2030, according to PwC. https://t.co/a2Dfyk90Y0 ...

Core Insights - Major banks reported strong Q3 earnings, with several achieving record numbers, although some expressed caution regarding future uncertainties [1][2][4]. Financial Performance - JP Morgan Chase reported a 12% increase in net income with earnings per share (EPS) of $5.70, exceeding expectations, but shares fell nearly 2% due to CEO Jamie Dimon's warnings about geopolitical tensions and inflation risks [2]. - Wells Fargo's net income reached $5.6 billion, with EPS of $1.66, marking a 9% year-over-year increase. Revenue grew across all divisions, leading to a 7% rise in shares [2][3]. - Citigroup's profit surged by 16% in Q3, driven by increased deal-making and trading revenue, with both EPS and revenue surpassing analyst forecasts. Citigroup's stock gained about 4% [3][4]. - Goldman Sachs also exceeded projections, with its investment banking and markets divisions on track for a record year, although it warned of potential market pullbacks, resulting in a 2% drop in shares [4]. - BlackRock reported record assets under management, surpassing $13 trillion for the first time, with its stock rising by about 2% [4]. Market Outlook - Analysts from Argus Research noted no signs of weakness in the banking sector following the earnings reports [5]. - Fed Chair Jerome Powell indicated that the outlook for jobs and inflation remains unchanged, highlighting the importance of government data for economic assessments [7][8]. - Upcoming earnings reports from Bank of America and Morgan Stanley are anticipated, with expectations for strong consumer banking numbers and trading revenues [10][11]. Industry Trends - The airline industry is closely watched, with United Airlines expected to provide insights into economic health, especially following positive commentary from Delta Airlines [14][15]. - Geopolitical uncertainties and tariffs are noted as challenges for airlines, but domestic travel remains robust compared to international travel [15][16].