Asset managers are about to prey on each other, with many forecasting a wave of M&A. Jörg Ambrosius, head of asset management servicing for Europe at State Street, tells John Authers that many mid-sized asset managers will be squeezed out.
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Data Centers Lift This Top Performer – and it’s Not an AI Stock
The stock has averaged a 17% annualized return per year over the past five years. High performance computing data centers have been the main revenue driver for AI stocks like...