European ETF assets hit $2 trillion for first time
European ETFs (exchange traded funds) raised $58.5 billion in the second quarter of 2024, an increase of 88% on the same quarter last year —…
July 2024
MSCI launches 130 private capital indexes
Global index compiler MSCI has announced the launch of the MSCI Private Capital Indexes to cover the global private markets landscape. “The Indexes, constructed from…
Julius Baer appoints Goldman’s Bollinger as CEO
Swiss wealth management group Julius Baer has announced that Stefan Bollinger, currently a partner at Goldman Sachs, will become CEO of Julius Baer, no later than…
Global company debt rises to record $8.18 trillion
The world’s largest listed companies took on $378 billion of net new borrowing in 2023-24, pushing total corporate debt up 4.9% on a constant-currency basis…
Exchange-traded funds hit record $13.14 trillion assets
Research and consultancy firm ETFGI reported that the global ETF (exchange-traded funds) industry gathered $136.17 billion in net inflows in June 2024, bringing year to date…
Berlin’s AUTO1 Group in €223m car loan securitisation
Berlin-based AUTO1 Group SE, the giant digital automotive platform for buying and selling used cars, announced the successful pricing of its first-ever securitisation of German…
Axel Springer, KKR ‘in talks to break up media group’
Axel Springer CEO Mathias Doepfner and private equity firm KKR are in talks to break up the giant Berlin-based media conglomerate, according to a report…
51% of German transactions still made with cash
About 51% of all transactions in Germany in 2023 were settled using banknotes and coins, according to the Bundesbank’s latest study on payment behaviour in…