Investment manager

Man killed in Ridgefield accident was a highly regarded investment manager

A Fairfield County man killed in a single-vehicle crash was a popular investment manager in the area. Carl “Pepper” Whitbeck, 43, of Ridgefield, was killed around 2 p.m. Thursday, July 29 in the accident on Branchville Road in Ridgefield. Whitbeck, a native of Columbia County in upstate New York, was head of US fixed income […]

Investment manager

AIFs consider increased tax expenditure on performance fees of investment managers

A recent ruling by an indirect tax tribunal regarding alternative investment funds (AIFs) has the industry on edge. The Bengaluru Customs, Excise and Service Tax Appeals Tribunal, in the ICICI Econet Internet and Technology Fund (ICICI Funds) case against the Central Tax Commissioner, ruled that “ deferred interest ”or performance fees – a portion of […]

Investment manager

Envestnet Selected as Investment Manager for Sallus Retirement Common Employer Plan

CHICAGO, July 22, 2021 / PRNewswire / – Envestnet Retirement Solutions, a subsidiary of Investnet, Inc. (NYSE: ENV), announces that it has been selected by Sallus Retirement LLC (Sallus Retirement) to serve as investment manager for the common employer 401 (k) from Sallus Retirement) for small business owners and the financial advisors who serve them. […]

Investment manager

Bitcoin’s supply shock is coming, says multibillion-dollar investment manager By BTC Peers

© Reuters. Bitcoin supply shock is coming, says multi-billion investment manager A supply shock could be imminent, according to Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. Gayeski told Bloomberg on Monday that the on-chain signals suggest that Bitcoin’s “hodlers” have resumed accumulation with the intention of holding the flagship currency […]

Investment manager

$ 7.5 billion hedge fund investment manager predicts bitcoin supply shock

Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital, a hedge fund with $ 7.5 billion in assets under management, revealed he believes a Bitcoin supply shock could be imminent. In an interview with Bloomberg, Gayeski noted that the on-chain signals indicate that “strong holders” are once again accumulating bitcoin while planning […]

Investment manager

Investment manager announces new Australian CEO and COO

Kris Walesby will join the Asia-based company and take over as CEO after serving five years as CEO at ETF Securities. Mr Walesby previously worked for a number of investment managers in London, including BlackRock, before returning to Australia in 2015 as Head of Capital Markets for Europe, Middle East and Africa at Invesco Powershares. […]

Investment manager

Athene and Apollo take stake in Australian investment manager – The Royal Gazette

Updated: Jul 12, 2021 3:24 PM Athene Holding Ltd led a minority investment in Challenger Ltd, an Australian investment management company. The Bermuda-based financial services firm said it has agreed, together with its strategic partner, Apollo Global Management, to acquire a 15% stake in Challenger from an existing shareholder, of which 3% is subject to […]

Investment manager

Ninety One becomes first South Africa-based investment manager to sign Net Zero Asset Managers initiative

Posted 07-08-21 Proposed by Ninety-one Hendrik du Toit, CEO of Ninety One July 8, 2021 / CSRwire / – Ninety One, an active global investment manager, is proud to announce that it has joined the Net Zero Asset Managers Initiative, which supports investments aligned with the global goal of net zero emissions. ‘by 2050 or […]

Investment manager

Colony Group agrees to acquire investment manager with $ 2.8 billion in assets under management

The Colony Group, a national wealth management and corporate company based in Boston, has announced the acquisition of New Providence Asset Management LP. New Providence, a New York-based investment advisory firm, managed $ 2.8 billion in client assets at the end of March, according to the company’s ADV filing. As of March 31, Colony had […]