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Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030
Family offices are expected to add more than $2 trillion in assets by 2030, as an increase in wealth concentration and a revolution in wealth management drive rapid growth in new family offices. | Date: |
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Financial Times - Business
Renaissance’s shrinking hedge funds
Good gRIEF7 hours ago -
Financial Times - Business
‘It’s just business’: how Steve Cohen ran a hedge fund like a baseball team
Billionaire’s decision to step back from trading and focus on running Point72 underlines redemption since SAC insider trading scandal2 hours ago -
Financial Times - Business
Investors pile into OpenAI’s $6bn funding round in unprecedented bet
Venture groups believe ChatGPT-maker will eventually be the world’s dominant AI company and worth trillions of dollars7 hours ago -
CBS News - Top stories
Can Biden surpass Trump's number of judicial nominations?
President Biden is poised to match or even surpass former President Donald Trump's 234 confirmations to the federal courts.9 hours ago - Joe Biden -
CNBC - Business
UAE hoping to expand $1 trillion partnership with U.S. through AI, Investment
The visit is also expected to feature meetings with key U.S. business leaders and tech executives.6 hours ago -
Financial Times - World
The Post Office should become humbler and slimmer
State-owned company that prosecuted postmasters needs to cut costs and offer better rewards15 hours ago -
MarketWatch - Business
‘We have no health insurance’: My wife died, leaving behind a lot of medical debt. Am I responsible for her debt?
“Can they take our house?”38 minutes ago -
ABC News - Sports
Shohei Ohtani surpasses 50-50 milestone in spectacular fashion with a 3-homer, 2-steal game
Shohei Ohtani has become the first major league player to hit 50 home runs and steal 50 bases in a season2 hours ago -
Financial Times - World
What’s wrong with research about ‘degrowth’?
Some recent reviews highlight vague language and fuzzy policy15 hours ago -
The Hill - Politics
Morning Report — Government funding up in the air
Lawmakers in the House are launching plan B to avert a government shutdown at the end of the month. Speaker Mike Johnson (R-La.) failed to pass plan A, a six-month stopgap bill with a non-citizen ...9 hours ago
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NBC News - Top stories
Israel says it killed a top Hezbollah official in 'targeted' Beirut strike
Israel says it killed a top Hezbollah official in a “targeted strike” on the Lebanese capital of Beirut on Friday after Hezbollah unleashed an intense barrage of fire across the border following a ...1 hour ago - Israel -
NBC News - Top stories
Federal Trade Commission accuses three drug middlemen of inflating insulin prices
The Federal Trade Commission said Friday that it is suing three drug middlemen, accusing them of inflating insulin prices.2 hours ago -
NBC News - Top stories
She dreamed of a second child but now says a little white pill cost her a son
Jennifer Nosek alleges in a complaint that midwife Heather Baker gave her a "homeopathic" that was actually the drug misoprostol shortly before her son's death.3 hours ago -
NBC News - Top stories
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to ...3 hours ago -
NBC News - Top stories
Minneapolis had to choose between happy residents and more housing. It chose the housing.
It’s hard to find an affordable home in the United States these days, but a program in Minneapolis may hold a solution.10 hours ago