Vanguard's London Pay Isn't The Best, But It's Been Hiring Heavily
If you want to make a lot of money on the buy-side, you probably want to work for a hedge fund. While funds like Balyasny are paying an average of £1m ($1.2m) per head in London, Vanguard - the arch index fund provider is paying an average of just £167k according to accounts released this week. The accounts are for Vanguard Asset Services Ltd, which employs 834 people in London and has been doing some heavy hiring, as per the chart below.
Ray Dalio Puts Profits Back In Focus After Painful Period For Green Finance
After a particularly bad year for green investing, the founder of the world's biggest hedge-fund firm has just set the record straight. Ray Dalio, the billionaire founder of Bridgewater Associates, reminded delegates at the COP28 climate summit in Dubai that private capital can only realistically get involved in financing climate solutions if the returns make sense. It's a mantra that's reverberating across the sprawling, sun-filled campus at which this year's Conference of the Parties is being held, with representatives from Wall Street including JPMorgan Chase & Co. and Bank of America Corp. all underlining the point.
Chad Tredway Rejoins J.p. Morgan As Head Of Real Estate Americas, J.p. Morgan Asset Management -december 07, 2023 At 10:01 Am Est | Marketscreener
(marketscreener.com) J.P. Morgan to Assume Management of Tredway's Trio Investment Group NEW YORK, Dec. 7, 2023 /PRNewswire/ -- J.P. Morgan today announced that Chad Tredway has rejoined the firm as the incoming Head of Real Estate Americas, J.P. Morgan Asset Management. ...https://www.marketscreener.com/quote/stock/JPMORGAN-CHASE-CO-37468997/news/Chad-Tredway-Rejoins-J-P-Morgan-as-Head-of-Real-Estate-Americas-J-P-Morgan-Asset-Management-45523724/?utm_medium=RSS&utm_content=20231207.
Mindy Diamond On Independence: Sanctuary Wealth's Origin Story
What motivated Chris and Brian Cooke to leave the wirehouse world for supported independence with a relatively unknown broker/dealer? : Seven years ago, Chris and Brian Cooke made headlines for breaking away from Wells Fargo Advisors to join the "under the radar" Indianapolis broker dealer Noyes & Co. It demonstrates the "pushes and pulls" that motivated their decision to leave Wells, which we find are common amongst many top advisors like them: John Cooke started the business in 1969 as part of Prudential Securities, with Chris and Brian joining in 1992.
Competition Cop Lina Khan's Antitrust Overreach Is Hurting U.s. Competitiveness-and Destroying Billions Of Dollars In Value
Antitrust overreach is hurting America's global competitiveness, with the FTC calculating industry concentration on a purely domestic basis. : Over the last few years, we have been consistently strong proponents of Bidenomics, not only encouraging the Biden Administration to more enthusiastically champion the president's underappreciated economic record but also unofficially helping advise several top leaders in the administration on issues ranging from the economy to foreign policy.
Private Credit Is Changing The Way Companies Borrow Forever
A rush of businesses taking loans from private-equity firms, concerns about an opaque market, and a PR blitz: Shadow banking is going mainstream.
Professional Declutterer Shares What To Do With Family Heirlooms
A professional declutterer often deals with clients' family heirlooms. She says to use what you love, but resist the temptation to keep everything.
Embolden Real Estate, Llc Partners With Nhpf In Purchase Of 23 Affordable Apartment Homes
Developers Expand DC Reach with Significant TOPA (Tenant Opportunity to Purchase) Acquisition WASHINGTON, Dec. 7, 2023 /PRNewswire-PRWeb/ -- Embolden Real Estate, LLC (Embolden), a minority- and woman-owned development firm, and The NHP Foundation (NHPF), a national not-for-profit...
Real Estate Brokerage Compass Bets Big On Ai Amid Housing Market Woes
The real estate brokerage giant's bid to remake real estate via generative AI is the most ambitious real-world test for artificial intelligence. Jenny Morant has had a tough year. In Manhattan Beach, California, where she works as a real estate agent, it's been impossible to sell a house. What's driving the market right now? "We're down to divorces, maybe marriages, maybe babies, and job relocation," Morant says.Read Full Story.
Vast Data Secures $118M In New Funding Round
If you have any problems with your access or would like to request an individual access account please contact our customer service team. If you have any problems with your access or would like to request an individual access account please contact our customer service team. AI data vendor VAST Data has secured $118m in Series E funding led by Fidelity Management & Research Company and accompanied by New Enterprise Associates (NEA), BOND Capital, and Drive Capital.
The Bombshell Revelation About Government's Chilling Alliance To Censor Americans
The House Judiciary Committee and Select Subcommittee on the Weaponization of the Federal Government recently released a report on censorship.