“Family Office Investment Strategies: The Rise of Alternative Investments in Uncertain Markets”

2023-05-08 13:52:04 Skyline Frankfurt With 41 percent of the family offices surveyed, the largest group manages between one and five billion US dollars. (Photo: dpa) Frankfurt Very stubborn inflation, the turnaround in interest rates on the capital markets, the continuing risk of recession in the major western economies: Various uncertainties on the markets are affecting … Read more

Florida, Missouri and Louisiana siphon billions from BlackRock over ESG strategy

Blackrock The wealth manager is under pressure to focus more on ESG criteria. (Photo: Archyde.com) New York In the dispute over the ESG criteria of wealth managers, Florida has announced as another US state that it will withdraw funds from BlackRock. The chief financial officer responsible, Jimmy Patronis, justified the move on Thursday by saying … Read more

DWS exchanges CEO after suspected greenwashing

Frankfurt Only a few hours after the raid due to “greenwashing” allegations and after a long supervisory board meeting, the Deutsche Bank fund subsidiary is separating DWS by her company boss Asoka Wöhrmann. At the end of the day of this year’s Annual General Meeting, Stefan Hoops will become the new CEO. DWS announced this … Read more

Debts put pressure on GDP – Economics – Kommersant

According to Janus Henderson, the investment company, total sovereign debt will grow by 9.5% this year to reach a record $71.6 trillion, putting pressure on economic recovery and GDP growth. The main reason for the increase in debt is the consequences of the fight against the COVID-19 pandemic, when governments actively resorted to borrowing to … Read more

DWS pays record salaries despite green washing allegations

DWS CEO Asoka Wöhrmann The DWS boss came under massive pressure last spring. (Photo: Archyde.com) Frankfurt If you only look at the salaries and the numbers, everything seems fine at DWS: CEO Asoka Wöhrmann alone received total remuneration of almost seven million euros for the past year – around 15 percent more than for 2020. … Read more

Warren Buffett increases stake in US oil company Occidental

New York A week ago, Warren Buffett complained that he still couldn’t find any good takeover targets. The company valuations are still too high, wrote the star investor in his letter to the shareholders. Therefore, the CEO of the Berkshire Hathaway conglomerate has recently focused on expanding company holdings. His latest coup: he bought large … Read more

What your depot looks like now

Cathie Wood According to the investor, innovation is now available at a bargain price. It is all the more remarkable when she separates from companies. (Photo: Archyde.com) Düsseldorf Star investor Cathie Wood significantly reduced her portfolio in February: She liquidated a total of seven positions worth around $800 million in her flagship fund ARKK. This … Read more

Credit Suisse recruits new people for the Asset Management division

Swiss credit The major bank appoints a new Global Head of Distribution for its Asset Management division. (Photo: dpa) Zürich The major Swiss bank Credit Suisse is reorganizing its asset management business for professional investors. Colin Fitzgerald has been named global head of distribution for Credit Suisse Asset Management, a bank spokesman said on Tuesday. … Read more