Keywords: Asset Management
Global asset manager BlackRock reported a decline in the valuation of its private credit portfolio, the BlackRock TCP Capital Corp, during the first quarter of 2026, reflecting ongoing pressures in parts of the credit market. According to its latest financial disclosure, the fund’s net asset value......
Asset management giant Blackstone announced a decline in the value of its private credit vehicle, the Blackstone Secured Lending Fund, during the first quarter of 2026. The adjustment reflects growing caution among investors regarding companies operating in the software industry, particularly as artificial......
Italian banking group BPER Banca reported stronger-than-expected financial results for the first quarter of the year, supported by higher revenues and the successful integration of its merger with Banca Popolare di Sondrio. The bank announced a net profit of 549 million euros during the first three......
The Galeries Lafayette group has announced the completion of the sale of the building that houses the iconic BHV department store, located on Rue de Rivoli in central Paris. The transaction marks a significant step in the group’s real estate strategy, although the identity of the buyer was not......
Mark Carney, former board chair of Brookfield Asset Management, faces scrutiny over potential conflicts of interest regarding his financial holdings, particularly stock options in Brookfield, worth millions. Conservative Leader Pierre Poilievre recently raised concerns about Carney’s ties to China,......
Italian asset management firm Azimut Holding has made a significant move into the Moroccan market by acquiring minority stakes in two subsidiaries of Red Med Capital, a prominent independent investment bank in Morocco. This strategic investment marks Azimut's inaugural foray into the Moroccan financial......
In a revealing interview on ABtalks' YouTube channel, Moroccan international footballer Achraf Hakimi shared the untold story behind his memorable "penguin dance" celebration during Morocco's historic World Cup 2022 victory over Spain, while also addressing recent speculation about......
The CEO of Japan's largest investment bank, Nomura, has taken a significant step to address the fallout from a serious incident involving a former employee. Kentaro Okuda, who has been at the helm of Nomura since 2020, announced a voluntary 30% reduction in his salary over the next three months.......
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