Asset Management
Global asset management M&A deals surpass $50bn for first time in a decade
LSEG, which compiled the data, says rising costs, regulatory pressures and rapid shifts in technology have contributed to asset managers seeking tie-ups
2 min read
The ETF roles paying $500k, and Woodford’s never-ending saga
Catch up on all this week’s asset management news
2 min read
Europe’s war for ETF talent pushes top salaries above $500,000
Capital markets roles across ETF firms are among the best-paid in Europe
3 min read
Aberdeen sells financial planning business to Ascot Lloyd
Deal will help streamline the £518bn fund group
2 min read
Bahrain in talks to attract crypto firms and investment managers amid Middle East rush
The country’s financial services sector is the largest contributor to its economy outside the oil industry
2 min read
Pimco’s European business suffers almost 40% profit drop as performance fees slump
However, assets under management at the bond giant’s European business increased to £106bn at the end of 2024
2 min read
Jose Minaya’s big plan for Newton, and DWS boss predicts ‘gigantic’ stablecoin market
Catch up on all this week’s asset management news
3 min read
DWS CEO sees ‘gigantic market’ emerging for stablecoins
Stefan Hoops says market growth will come as more types of investor start to use stablecoins to complete payments
2 min read
UK fund assets recover from slump to reach high of £10tn
Strong equity returns, overseas investors and better economic conditions helped UK assets under management recover last year
2 min read
Former Odey Asset Management CEO Peter Martin joins investment boutique Oberon
Martin is joined by former Odey AM colleague Jake Bambridge, who assumes funds operation manager role
1 min read
BNY’s Jose Minaya: ‘I don’t want to pull apart Newton’s culture’
The global head of BNY Investments and Wealth has implemented some big changes across Newton Investment Management since taking on the job
FCA’s Neil Woodford probe racks up more than £2m in costs
Financial News obtained the data exclusively after appealing the regulator’s decision not to disclose the information
Schroders, Aberdeen stick with WFH, and Woodford hits back at £46m FCA fine
Catch up on this week’s asset management news
Aberdeen, Schroders bosses have no plans to crack down on hybrid working
UK asset managers will stick with policies allowing their staff to work from home, despite some financial groups tightening requirements
UK investors pull more than £300m from US equity funds amid Trump’s tariff turmoil
Calastone figures show outflows posted by North America funds in July were the first since October 2024
2 min read
Woodford hits back at FCA fine, claiming regulator ‘never objected’ to fund liquidity
Woodford Investment Management says regulator never suggested liquidity framework for Woodford’s flagship fund was ‘inappropriate or unreasonable’
3 min read
FCA fines Neil Woodford £6m and bans him from senior roles
The UK regulator has also fined Woodford Investment Management £40m for failures managing the Woodford Equity Income fund
3 min read
Schroders CEO: Why the debate over active versus passive is now dead
Richard Oldfield says it’s time to acknowledge that active management is about far more than stock selection
4 min read
Former GAM chief appointed to head Deutsche Börse’s SimCorp business
Peter Sanderson takes over from Georg Hetrodt, who is retiring later this year
1 min read