All GLG News Analyses Filed Under: Asset Management & Private Banking

Implications: In 2003 Prudential took a 38% stake in a LLC with Wachovia Securities to merge their brokerage firms and clearing operations together. Wachovia's stake is 62% based on pre-tax earnings contributions and the combined venture has resulted in over $773 billion in client assets under management,...

1. The Banking Industry has been Bundling Subprime Mortgages with a Hedge Fund , which is a Securities Vehicle! 2. The Banking Industry is transfering the RISK of Subprime Mortgages without hesitation  and attempting the SALE to  Money Managers and the General Public without validation...

The bottom line is that PE returns have outperformed the larger market. PE has emerged as a formidable force, transforming traditional ownership structures and functioning of managements. PE investors take active interest in the business, are constantly demanding, have access to independent research...

The  continuing  problems  in  the  mortgage  and  subprime lending  segment, the  fall  of  Amaranth  and  now  the  ousting of  the  UBS  chief  ostensibly  for  the  problems  associated ...

The  nature  of  capital  markets  is  metamorphosing. Companies  do  not  prefer  public  money  for  the  moment   and  prefer  to  go  the  private  route. Private  equity  and ...

The Bear Stearns attempt to sell of $2 billion is just a sign that the risk is still present.  Mortgage backed investments of the sub-prime market can be a time bomb.  And with the aggressiveness that Bear Stearns lent this money at, it's pretty clear they aren't comfortable with it eithe...

The  recent  collapse  of  two  hedge  funds  run  by  Bear Sterns  as  well  as  Amaranth and LTCM some  time  back  point  to  a  growing  malaise  in  this  sector. I  am ...

This is a presidential election year and President Kirchner wants to have inflation below a 10% annual rate. The government first attempted some kind of price controls, or agreements, and when even those failed, it took control of the national statistic agency and tried and did manipulate the index...

A. G. Edwards (NYS:AGE) has agreed to be acquired by Wachovia Securities, a larger broker/dealer and an affiliate of Wachovia Corporation (NYS:WB) for $6.8 billion. This deal continues the concentration of the retail brokerage marketplace into the top five firms. What time will tell is whether or not...

The retirement plan space represents the fastest growing and largest segment of the financial services industry. Individuals now have significant funds inside their retirement plans ($15trillion) to now be in a position to invest in real estate, and alternative investments INSIDE their retirement plans....