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The board of Goldman Sachs has reportedly discussed a succession plan that could see President and COO John Waldron eventually become Chief Executive Officer….

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New analysis suggests that Citigroup’s 2026 workforce reductions have been broader and more frequent than initially understood. The cuts have reportedly…

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European equities declined as concerns over China’s economic outlook weighed on companies with significant exposure to Chinese consumers. Volvo Car…

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The Japanese yen strengthened to its highest level in more than a month as a sharp selloff in US technology stocks and growing concerns over the sustainability…

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Risk premiums on US dollar bonds issued by Indonesian companies have widened to their highest level in six years relative to Asian peers, as investor concerns…

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Hedge funds have raised bearish equity positions to levels approaching a five-year high. According to Goldman Sachs, short selling has exceeded long buying…

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CalPERS is exploring a potential return to hedge fund investing through separately managed accounts after exiting the asset class in 2014. The $653.8 billion…

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Hiring growth among major multi-strategy hedge funds has moderated as firms increasingly allocate capital externally through separately managed accounts….

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CalPERS, the largest US public pension fund, is accelerating a strategic shift away from heavy reliance on large buyout funds and public technology stocks…

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US private equity investors are continuing to target the UK wealth management industry, attracted by the sector’s fragmented structure, recurring…

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Arbuthnot Banking Group raised its profit outlook following strong growth in wealth management assets and banking activities. Funds under management and…

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The firm has strengthened its investment leadership team with the appointment of a new CIO to oversee portfolio strategy and investment decisions. The…

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