Leonard Kehnscherper

Partners Group Holding AG has cut or reassigned dozens of positions in its private equity unit, as the firm seeks to boost performance under investor scrutiny.

Boaz Weinstein’s activist hedge fund Saba Capital Management is reaping big gains two years after kicking off a high-profile campaign to shake up parts of the UK’s 150-year-old investment trust sector.

HSBC Holdings Plc started its search for a new chief executive officer of its asset management unit to replace Nicolas Moreau, according to people with knowledge of the matter.

Tikehau Capital SCA is looking for a new strategic investor to help fuel its next phase of growth, according to people familiar with the matter.

BlackRock Inc. Chief Executive Officer Larry Fink warned that delays in building data centers could raise computing costs and threaten economic growth as demand for artificial intelligence accelerates.

(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink warned that delays in building data centers could raise computing costs and threaten economic growth as demand for artificial intelligence accelerates.

BlackRock Inc. Chief Executive Officer Larry Fink warned that delays in building data centers could raise computing costs and threaten economic growth as demand for artificial intelligence accelerates.

Deutsche Bank AG Chief Executive Officer Christian Sewing, speaking in an interview at the Berlin Global Dialogue, said he sees no reason to worry about a sharp reversal in asset prices any time soon.

Francine Lacqua, Arno Schütze & Leonard Kehnscherper / Bloomberg

Deutsche Bank AG’s asset manager DWS Group will only service a tenth of investors’ redemption requests from a €4.3 billion ($4.8 billion) property fund, a drastic step that highlights how Europe’s real estate woes continue to haunt the asset management industry.