Asset manager Janus Henderson gets bought by Trian, General Catalyst for .4 billion

Asset manager Janus Henderson gets bought by Trian, General Catalyst for $7.4 billion

Nelson Petz, Founding Partner and CEO of Trian Partners, speaking at the 14th CNBC Delivery Alpha Investor Summit in New York City on Nov. 13th, 2024. Adam Jeffery | CNBC Asset manager Janus Henderson has agreed to be acquired by investors Trian Fund Management and General Catalyst, the companies announced Monday. Trian and General Catalyst…

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Op-Ed: AI wealth management

Op-Ed: AI wealth management

Ilkercelik | Istock | Getty Images We’re about to witness a regime change in productivity. Prepare for the “RIA of 1”: A single financial advisor supported by a collection of autonomous and augmented AI agents and applications. This isn’t a whimsical notion; it’s the inevitable outcome of AI fundamentally transforming the advisory space, augmenting advisors…

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Private credit stocks plummet on concern about exposure to software industry disrupted by AI

Private credit stocks plummet on concern about exposure to software industry disrupted by AI

Blue Owl signage outside the Seagram Building at 375 Park Avenue in the Midtown East neighborhood of New York, US, on Tuesday, Jan. 20, 2026. Bing Guan | Bloomberg | Getty Images Shares of stocks with significant private credit market holdings were diving on fears about exposure to the industries being disrupted by artificial intelligence,…

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San Francisco Fed’s Daly says jobs report complicates interest rate call

San Francisco Fed’s Daly says jobs report complicates interest rate call

San Francisco Federal Reserve President Mary Daly said Friday the weak February jobs report adds to a difficult policymaking environment. In a CNBC interview, Daly did not commit to a position on interest rates, but said a softening labor market combined with inflation still running above the central bank’s 2% target complicate future decisions. “This…

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