Tuesday 13 July 2021

Top Black women in asset management

wall street

Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:

Join us July 15 at 2 p.m. ET/11 a.m. PST as Insider hosts a webinar breaking down "What's next for Crypto?" Learn more here.

If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.


Most money managers are white men. Here's how Black women executives are breaking barriers in asset management to drive change.

From left: Kim Lew, president and CEO of the Columbia Investment Management Company, Dekia Scott, CIO of Southern Company, Tina Byles Williams, CEO CIO and Founder of Xponance, and Michaela Edwards, partner and portfolio manager at Capricorn Investment Group with magenta circles and a faded white grid behind them on a purple background

Eight senior Black women in asset management discussed working in a white- and male-dominated industry. In interviews with Insider, the executives shared victories and pivotal moments in their careers. Here's what they said.


Inside the remarkable hiring spree that transformed Silicon Valley Bank from an afterthought into a formidable dealmaking threat overnight

The Wall Street bull tempting suited hands with a one hundred dollar bill on a red background

SVB Leerink has hired a rash of senior healthcare and technology bankers this year. Here's a peak at how the boutique bank did it.


These 4 young people are working to make Wall Street more inclusive by mentoring and empowering others

Headshots of Armani Nieves, Alisha Chowdhury, Allie Reyes, and Elizabeth Jimenez.

Financial-services firms are notorious for being overwhelmingly white and male, but these four young people are carving out paths for the next generation.

They told us how they plan to transform the industry.


Pension funds are pumping money into single-family homes rented out at a profit: 'There's so much room to run'

Rows of single-family homes in a suburban neighborhood.

Over the past decade, major institutional buyers have been steadily acquiring single-family homes across the country to rent out at a profit - but the pandemic has put the trend on fast-forward. Here's what you need to know.


$58 billion Two Sigma's impact investing arm just invested in the booming in-home healthcare space. Here's how it plans to use data science to boost employee retention.

A woman and her two children sit at the counter looking at a computer for a telehealth appointment.

The quant hedge fund just backed one of Texas's largest pediatric health providers, Circle of Care. A partner behind the deal told Insider about how it came together, and detailed the firm's expansion plans. See what he said.


Banks need consumers and businesses to borrow more as Wall Street's trading hot streak comes to an end

GettyImages 1171045638
JPMorgan CEO Jamie Dimon

Here's what analysts are predicting ahead of bank earnings seasons. Get the full rundown here.


Wells Fargo's head of small business banking, one of Mary Mack's deputies, has left the bank

Steve Troutner Wells Fargo
Steve Troutner, formerly head of small business banking at Wells Fargo

Troutner stepped down in June to focus on his health and his family, a Wells Fargo spokesperson said. Here's what we know.


$15 billion Rokos is struggling to replicate its 2020 success as other macro funds, like Castle Hook, are dominating

Chris Rokos
Chris Rokos's hedge fund had a banner 2020 but has struggled this year so far

Macro funds, on average, have trailed typical hedge funds this year, according to Hedge Fund Research. Find out more here.


Odd lots:

China's 'wolf warrior diplomacy' has come to Wall Street (Insider)

Wall Street's Math Whizzes Are Racing to Wire Up the Bond Market (Bloomberg)

Goldman wrangles over whether to pay junior bankers higher salaries (Financial Times)

3 startup employees dish on the win-or-lose game of using 'secondary' markets before an IPO (Insider)

Read the original article on Business Insider


from Business Insider https://ift.tt/3AWxENR

No comments:

Post a Comment

I lived in a hacker house for the summer when I was 18. It changed my career trajectory completely and I left college.

Jonah Weinbaum. Courtesy of Jonah Weinbaum Jonah Weinbaum joined a hacker house to work on a neurotech project in summer 2023. The hac...