Wages Are Booming ………. At Least On Wall Street

Wall Street is both shrinking and growing at the same time. A report from New York Comptroller Thomas DiNapoli illustrates how financial success does not always translate into employment growth in an era where technology is just starting to emerge to challenge humans for jobs. bones64 / Pixabay Wall Street is [...]

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Get Ready Wall Street, Google And Amazon Are Coming

Hiromichi Mizuno, now in his third year as chief investment officer of Japan’s Government Pension Investment Fund, the world’s biggest manager of retirement savings, thinks dramatic changes are ahead for asset managers. While the headlines blare “World’s Biggest Asset Manager Says AI Will Replace Asset Managers,” Mizuno’s own preference for [...]

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Asset Management Fees Grow Despite Passive Headwinds

Like hedge funds specifically, asset manager fees overall are coming under pressure thanks to the growth of passive, but there is some good news for the sector. 2016 was a terrible year to be in the asset management business. According to research from the Boston Consulting Group, for the first [...]

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Banks Set To Profit As Asset Managers Struggle

Not just hedge funds in particular... Asset Managers face growing problems Since the financial crisis, it has been banks that have borne the brunt of regulatory changes, which when coupled with hefty fines regarding pre-crisis actions and near zero interest rates, have crippled profitability.While banks have struggled, asset managers have [...]

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BAML Sees Momentum Shift In Key CTA Markets Gold & US

During the first week of July, Asset Managers gained long exposure to equity derivatives and the long end of the US yield curve while selling the short end, a Bank of America Merrill Lynch derivatives positioning report notes. Certain managed money likes the more industrial metal silver and is [...]

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Asset Managers Pair Back Equity Longs To A Three Year Low

With U.S. equity prices nearing or breaking year to date highs, asset managers had decreased their net long exposure to equities by $900 million, touching a three year low in net positioning. Asset managers also sold $33 billion in 10-year treasury notes over the last four weeks, a Futures [...]

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The Bar For Asset Managers 'Has Never Been Higher' – CFA Survey

The Bar For Asset Managers 'Has Never Been Higher' - CFA Institute Survey Trust Among Investors Higher, But Financial Services Still Ranks Relatively Low Since CFA Institute and Edelman last conducted the Investor Trust Survey in 2013, investors’ trust in the financial services industry to do what is right has generally [...]

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Hedge Fund Compensation Trends: Event-Driven MD Is The Key

Hedge Fund Compensation Trends Hedge fund managers receive enhanced compensation when compared to asset managers, according to a new study from U.K.-based Emolument.com.  The study is based on 852 entries based in the USA conducted during 2015 and 2016. 74 percent of those surveyed  worked at a form located in [...]

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Pat Dorsey Follows Buffett's Lessons To Pick Stocks

Pat Dorsey Follows Buffett's Lessons To Pick Stocks by William Green, Barron's Asia Pat Dorsey ran Morningstar’s equity research department from 2000 to 2011, ultimately overseeing an army of more than 100 analysts. He became fascinated with Warren Buffett’s observation that certain companies possess an “economic moat” -- a sustainable [...]

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Karen Shaw Petrou On Why Asset Managers Won

Karen Shaw Petrou memorandum to Federal Financial Analytics Clients on why asset managers won. TO: Federal Financial Analytics Clients FROM: Karen Shaw Petrou DATE: June 19, 2015 Man bites dog: large financial institutions beat a big rule! I can’t think of a case in which this has happened since the crisis – all [...]

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May Saw Modest Long-Term Mutual Fund Inflows: BofAML

Long-term mutual fund inflows moderated in May, as active equity and fixed income eased, though passive equity strengthened, notes BofAML. Michael Carrier and team at Bank of America Merrill Lynch in their June 14, 2015 research report titled: “Monthly Mutual Fund Analyzer: Long term inflows moderate” point out that the [...]

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Gender Bias: Part Of The Folklore

Gender Bias: Part Of The Folklore by State Street Center for Applied Research The investment industry could learn a thing or two from honey bees. Their communication skills are impressively demonstrated by their so-called "waggle dance," which details the distance and direction to valuable food sources. They are extraordinarily efficient [...]

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