Illiquid assets move up the investment agenda, study shows by Released | Apr 26, 2024 More than three-quarters (78 percent) of institutional investors and wealth managers will increase allocations to illiquid assets during the next five years, with 10 percent making dramatic increases, new research from international asset management company Managing Partners Group (MPG) reveals.
Westwood Holdings Group hires senior solutions portfolio manager by Released | Apr 26, 2024 Westwood Holdings Group, an investment management boutique and wealth management firm focused on U.S. Value, Multi-Asset, Real Assets, Alternatives and Custom Investment Solutions, announces the addition of Michael Kovacs as a senior solutions portfolio manager on its Managed Investment Solutions Team. Operating from the Chicago office, Kovacs will spearhead the design and execution of technology-driven equity solutions that emphasize adaptability, transparency and outcomes. The Managed Investment Solutions capability was added last year to bolster the firm’s ability to provide customized solutions to institutional and wealth investors.
Several RIAs purchase stakes in Bitcoin ETFs by Andrea Zander | Apr 26, 2024 Several RIAs have made purchases in Bitcoin ETFs during the first quarter in the months after the SEC approved the vehicles in January, according to a Wealth Management article sourcing recent quarterly 13-F filings.
Tom Riley to join Alpha Capital Family Office by Released | Apr 26, 2024 Alpha Capital Family Offices (ACFO) has recruited industry veteran Tom Riley, CFA® to join and lead portfolio management at the firm.
Michael Lane named new position called chair for U.S. wealth clients at BlackRock by Andrea Zander | Apr 26, 2024 Michael Lane was named to a new position called chair for U.S. wealth clients at BlackRock, reported Barron’s.
HSBC opens flagship wealth center at Hudson Yards by Released | Apr 26, 2024 HSBC has opened its flagship wealth center at The Spiral in New York City’s Hudson Yards neighborhood.
U.S. GDP slows, inflation remains persistent by Lewis Dayton | Apr 26, 2024 U.S. real GDP grew at a 1.6 percent annual rate in first quarter 2024, the Department of Commerce reported in its advance estimate. That is a slowdown from fourth quarter 2023, when real GDP increased by 3.4 percent.
Illiquid assets move up the investment agenda, study shows by Released | Apr 26, 2024 More than three-quarters (78 percent) of institutional investors and wealth managers will increase allocations to illiquid assets during the next five years, with 10 percent making dramatic increases, new research from international asset management company Managing Partners Group (MPG) reveals.
Walton Global acquires 60-acre parcel in Tucson to support new home development by Released | Apr 25, 2024 Walton Global has acquired 60.80 acres in Pima County, Ariz., continuing its effort to boost land inventory to support new home development.
Retail investors gain access to private markets through Helix, backed by TIFIN and Hamilton Lane by Andrea Zander | Apr 25, 2024 Private markets, traditionally the realm of institutional investors, are now becoming accessible to retail investors and their advisers, offering potential for growth and diversification.
