Asset Management
Deepfake scams put City firms on high alert: ‘It sounds like me even though it’s not me’
Several well-known City figures have had their images and voices hijacked in AI generated videos produced by online fraudsters
4 min read
L&G eyes 70 job cuts across £1.1tn asset management business
The UK asset manager, which has made a big push into private markets, is looking to cull tens of roles
2 min read
Trading Places: Citi poaches Sankey, A&O Shearman re-hires Knighton
Find out who is on the move in the City and beyond this week
3 min read
Why the UK is next on BNP Paribas’ ETF hit list, and more change at Newton IM
Catch up on all this week’s asset management news
2 min read
BNP Paribas eyes ETF push in UK wealth market
Paris-headquartered asset manager has ambitions to grow its market share in the UK’s ETF sector by targeting wealth firms
3 min read
Royal London buys infrastructure asset manager in private assets push
The deal is part of the asset manager’s drive to ‘broaden its private assets capabilities’
1 min read
Impax’s assets slump in ‘challenging’ period for ESG investor
Impax Asset Management launches £10m share buy back
1 min read
BNY shakes up Newton investment teams as EM head exits
The changes, which will see the fund group focus on four key investment areas, are the latest under BNY Investments and Wealth boss Jose Minaya
2 min read
Ashmore opens Qatar office in Middle East push
Emerging markets asset manager said the move will allow it to establish new relationships with investors in the Middle East
2 min read
JPMorgan funds boss: Global turmoil is pushing investors towards Europe
Patrick Thomson, who leads JPMorgan’s Emea asset management business, says policy stability is drawing flows
2 min read
L&G acquires real estate group Proprium to fuel private markets push
Deal is the latest for the UK asset manager amid plan to grow private markets assets to £85bn
2 min read
Index providers fight over $6.4bn business: ‘We want our fair share’
Investors are rushing to low-cost index trackers, making benchmarking the world’s assets a valuable business. Now challengers want a piece of the action
Investment Association picks Folgate Building for new headquarters
Fund management trade body will move to its new office in September
UK’s £1.4m investment summit bill, and why fund groups aren’t budging on WFH
All the week’s asset management news in one place
Revealed: Government spent more than £1m on one day investment summit
The flagship event held in London’s Guildhall last October attracted business leaders from around the world, but racked up a significant bill
Ex-Fidelity star Anthony Bolton deepfaked in video targeting retail investors
The former top fund manager features in an AI generated video encouraging investors to join a stock-picking WhatsApp group
2 min read
Pension funds urged to back UK stocks: ‘Mandation is a scary word’
Brokers calls for pension funds to allocate more assets to UK equities
5 min read
Man Group targets growth in US wealth market
The UK-listed group has recently bolstered headcount in the US, ready to target wealthy clients
3 min read
Trading Places: Hires for Citi, UBS and Paul Hastings
Find out who is on the move in the City and beyond this week
3 min read
City fund groups stick with hybrid work after BlackRock calls back senior staff full time
Most asset managers are maintaining policies that require staff to be in the office at least three days a week
3 min read