Asset Management
Newton IM’s equity income head Jim Lydotes set to depart
Lydotes, who is also deputy CIO for equities, is the latest high-profile exit from the BNY-owned fund group
1 min read
FCA mulls overhaul of fund value reports
Axing reporting requirements will lead to ‘significant cost saving’ for almost 150 firms, City watchdog says
2 min read
Why tariffs have sparked interest in European funds
Catch up on all this week’s asset management news
3 min read
UK investors flock to Europe as appetite for US funds slides
UK investors allocated £369m to Europe-focused funds in May amid growing interest in the region
3 min read
Amundi recruits former L&G index specialist
Michael Stewart joins Paris-headquartered asset manager following recent departure from fund arm of UK-listed insurance group
1 min read
Franklin Templeton ups private markets push with Apera buy
US asset manager says acquisition of European private credit firm will boost alternative credit assets to almost $90bn
2 min read
Newton’s sustainable investment head exits
Therese Niklasson is leaving the fund house after just over three years in the role
2 min read
M&G boss eyes more private markets deals after tie-up with Japan’s Dai-ichi Life
Andrea Rossi says access to another balance sheet will enable London-listed group and its new partner to provide more seed capital to potential targets
2 min read
Schroders chair Elizabeth Corley to join London Stock Exchange Group board
Appointment comes as LSEG shrinks its reliance on equities
2 min read
M&G sells 15% stake to Japanese insurer Dai-ichi Life
UK investment house strikes deal to become Dai-ichi’s preferred asset management partner in Europe
1 min read
Hargreaves Lansdown chief Dan Olley exits after £5.4bn private equity takeover
Chair of transformation committee Richard Flint named as interim successor
2 min read
Why ESG funds have warmed to defence stocks
Funds investing in weapons companies have grown in popularity following Russia’s invasion of Ukraine and a drive by Europe to boost its defence spending
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
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
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