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One of the earliest hires who went on to spearhead the hedge fund’s private investing business, Shleifer will transition to an advisory role at the over two-decade-old investment giant.

As growth in equities cools, asset managers are looking to embed themselves in payrolls, payments, and credit. This raises their influence, but also the stakes.
FY26 numbers for the three major CV makers show resilience and all-around growth. This doesn’t look anything like the undifferentiated sector it once was.
Vague regulation and opportunistic ‘finfluencers’ have turned overseas investments into risky business for retail investors.