J.P. Morgan Asset Management Launches Growth Equity Platform as Part of J.P. Morgan Private Capital J.P. Morgan Asset Management today announced the launch of J.P. Morgan Private Capital, which includes a new growth equity investment arm and an existing private debt business, committed to providing customized solutions for early and growth stage companies across the…
IN A POST-PANDEMIC WORLD, SOCIAL MEDIA CONVERSIONS WILL DRIVE BANKS’ SUCCESS The past year highlighted the growing importance of digital customer experiences in the financial services industry as COVID-19 continued to accelerate the pace of digitization. Unable to connect in person, consumers turned to digital tools. One survey conducted between late March and early…
Why a significant gap on your CV/resume isn’t as bad as you think We’re going to talk about significant gaps in experience in this edition. Why? Because when I posted a recent poll a lot of LinkedIn members indicated they have one. 45 percent out of nearly 1,600 votes is fairly significant. If this poll is…
Bankers quit London as Brexit relocations to EU step up Investment banks are shifting more rainmakers out of London to financial centres across the European Union, accelerating the pace of moves after the pandemic and uncertainty over Britain’s access to the bloc slowed relocations. Morgan Stanley, Barclays, Goldman Sachs (GS.N) are among those moving senior bankers,…
How Covid Has Reshaped Real Estate From New York to Singapore The retreat from major cities has been the pandemic’s big real-estate story — but that doesn’t mean metropolitan house prices have suddenly got cheap. From New York to London to Sydney, ultra-low interest rates and vast government fiscal support have limited distressed sales.…
BNP Paribas beats quarterly expectations as equity trading rebounds France’s BNP Paribas on Friday reported a better-than-expected first-quarter profit, helped by lower provisions for pandemic-related bad loans and a rebound in its equity trading business that the bank aims to expand. The euro zone’s biggest listed lender said net profit rose 37.9% to 1.77…
Investors have put more money into stocks in the last 5 months than the previous 12 years combined. More money has gone into stock-based funds over the past five months than the previous 12 years combined, according to Bank of America. In raw numbers, $569 billion has flowed into global equity funds since November,…
Are We Witnessing the Start of a New Commodities Supercycle? “Governments and private companies are increasingly pledging carbon reduction measures, heightening demand for certain metals.” “A weakened U.S. dollar, zero interest rates and pent-up demand may be contributing to the second supercycle this century.” Commodity super cycles are decade-long periods in which commodities…
Dollar holds advantage on economic optimism, euro looks vulnerable The dollar traded near multi-month highs against most major currencies on Friday, supported by a wave of optimism due to improving US economic data, the rollout of coronavirus vaccines, and rising Treasury yields. The euro was in focus ahead of data on German business sentiment…
Sustainable investment boom sees huge surge in ESG funds With the rising popularity of ESG funds, investors have to be careful not to fall foul of greenwashing. Proposed EU regulations may help them to do just that 2020 was a watershed year for ESG funds. Investment strategies that take environmental, social and corporate governance…
