A rebound in investment banking represents a ray of hope for sector
Robust investment banking revenues to drive improved earnings
It's AUM that matters most to managers' careers, research finds
Firm announces bid to repurchase up to $85 million of its shares
Net assets grew to $590.8 billion
Transition to be aided by expanding fiduciary requirements
The top-performing families employed a variety of asset management strategies
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
Declining net interest income and rising credit stress to weigh on results in 2024
Tepid performance as well as regulatory and political factors cooled U.S. investors' appetites