Investment Week’s Post

Pictet Asset Management launches #AI-driven 🤖 🌍 global equity fund. Pictet Asset Management has launched a global equity fund utilising artificial intelligence for stock selection to create an “enhanced” index strategy tracking the MSCI World. David Wright. Check out Damisola Sulaiman's latest article 👇 https://incm.pub/446dvnj #investment #investmentmanagement #wealthmanagement #finance

Conclusion The analysis reveals that Carry, as a performance-related payment to private capital fund managers, has accumulated to over one trillion dollars over the past 25 years. A significant portion of this Carry is concentrated in the hands of U.S.-based firms, despite less than one-third of the invested capital originating from the U.S. The study highlights the substantial wealth generated through Carry, contributing to discussions on wealth inequality and tax policy. It underscores the need for a better understanding and regulation of Carry, given its impact on the financial sector and broader economy. Key Points 📌 Scale of Carry: Carry payments exceed one trillion dollars over the last 25 years, with 70% of invested capital in the carry. 📌 US Geographical Concentration: Three-quarters of the total Carry goes to U.S. firms, despite less than one-third of the capital invested coming from the U.S. 📌 Fund Types in Carry: Funds focusing on Leveraged Buy-Outs (LBOs) and Secondaries have high proportions in the carry (83% and 91%, respectively). 📌 Performance Metrics: Total Value to Paid-In (TVPI) ratios for large firms are close, indicating that differences in Carry largely reflect the amounts under management rather than performance variations. 📌 Wealth Distribution: The private equity industry has produced nearly 100 billionaires, with the top 14 capturing about half of the total wealth. 📌 Tax Policy Implications: The taxation of Carry as capital gains is a point of contention, with debates on whether it should be taxed as ordinary income. 📌 Economic Impact: Carry is a major component of the financial sector's revenue, influencing wealth inequalities and intermediation costs. 📌 Research Limitations: The study relies on available performance data, which covers a substantial but incomplete portion of the market, necessitating assumptions and extrapolations. 📌 Future Considerations: Potential changes in tax policy and economic conditions could significantly impact the accumulation and distribution of Carry. 📌 Regulatory Insights: Findings may inform regulatory frameworks aimed at addressing the disparities and ensuring fair practices in the financial industry. #entrepreneurship #startup #fundraising #investing #managementdevelopment #financeeducation #organizationaldevelopment

Nomura Asset Management launches European corporate hybrid bond fund 🔹 Nomura Asset Management introduces its inaugural mutual fund, the Nomura Funds Ireland - Corporate Hybrid Bond fund, providing European investors access to the corporate hybrid bond asset class. 🔹 Managed by Julian Marks, the fund aims to deliver yield levels comparable to high yield bonds while maintaining a focus on quality issuers. Read more about the launch on our website here: http://ow.ly/eRk5104RbSw #assetmanagement #investmentnews #investment #invesmentopportunity #highyield #highyieldbonds #wealthmanagement #assetmanagementinsights #investmentweek

Investors look beyond investment fads. Pictet Asset Management explores how Megatrends can shape the future through thematic investing. #PartnerContent #PictetMegatrends

What is the future of #sustainableinvesting? Liontrust Asset Management PLC's event next week looks at a new investment era - and you can be there too. Click here to register for what promises to be a fascinating day: https://lnkd.in/enTSn5Hm

The ETF Stream ETF Issuer Power Rankings are revealed! https://lnkd.in/e6T9_3-t Who made the top 10, and in what order? ETF Stream’s ETF Issuer Power Rankings is a data-driven assessment of the top 25 ETF issuers in Europe and their performance during the 2023 calendar year. Using a proprietary methodology, the rankings assess which asset managers displayed the strongest momentum on a relative and absolute basis versus their competitors over the 12 months. Legal & General Investment Management (LGIM) OSSIAM BNP Paribas Asset Management HSBC Asset Management Invesco EMEA Vanguard Amundi ETF, Indexing & Smart Beta J.P. Morgan Asset Management BlackRock DWS Group

Capital Research and Management is delighted to be recognised in Institutional Investor's first ever ranking of buyside asset managers in Europe. Read more here: https://bit.ly/3FrvUQ0 #AssetManagement #Investing #CapitalGroup

25 years ago, Asian M&A was just 2% of global deals. Now it’s over 20%. Just one example of the expanding set of opportunities for event-driven strategies in Asia as Jon Withaar, Head of Asian Special Situations at Pictet Asset Management, shares in his latest update. #event-driven #hedge funds #Asia #opportunities

Lion trust Asset Management (LSE:LIO) PLC said outflows continued in the past quarter but assets under management grew 0.6% over the period. The fund management group announced it has poached two senior figures from GAM Investments: Mark Hawtin (pictured), who will be head of global growth equities from May; and Jeremy Roberts, who will join in April as head of global distribution. Net outflows hit £1.7 billion for the three months ended 31 December, the third quarter of the group’s financial year, up from £1.6 billion in each of the first and second quarters. Assets under management and advice finished at £27.8 billion, but were back down to £27.2 billion as at the end of last week. Chief executive John Ions said two of the drivers of the net outflows were “the ongoing negative sentiment among investors and the current challenges facing active asset managers”. More at #Proactive #ProactiveInvestors #LSE #LIO #LiontrustAssetManagement http://ow.ly/x3Xk1059hjX

Value Creation in the portfolio becoming not only important but crucially existential. PwC is here to help! #pwcdeals #privateequity