Truist keeps downsizing with deal to sell asset-management business

Truist keeps downsizing with deal to sell asset-management business

Enjoy complimentary access to top ideas and insights — selected by our editors. Truist is selling Sterling Capital Management, which had $76 billion of assets under management at the end of December. The buyer, Guardian Capital Group, said that Sterling Capital will operate as a standalone entity and continue to be led by its current … Read more

PGIM real estate arm launches AI research lab

PGIM real estate arm launches AI research lab

The real estate division of PGIM, the $1.3tn US-headquartered asset manager, has launched an innovation lab, partnering with University College London and other global institutions to develop new technologies. The lab, RealAssetX, will tap more than 50 years of data from PGIM Real Estate — as well as from third parties — to develop new technologies … Read more

Asset Management – O’Melveny

Asset Management – O’Melveny

Across the globe and across industries, O’Melveny provides legal, regulatory, and market insight that helps funds and investors achieve their goals. Our Asset Management team advises clients on all the legal issues that impact funds, including regulatory, tax, and corporate and partnership matters, and we are the market leader in secondary transactions, working with clients … Read more

When Will the Fed Stop Raising Rates? That's the Trillion-Dollar … – The Wall Street Journal

When Will the Fed Stop Raising Rates? That's the Trillion-Dollar … – The Wall Street Journal

When Will the Fed Stop Raising Rates? That’s the Trillion-Dollar …  The Wall Street Journal Source link