Asset Management
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
Aviva Investors’ AI push, and BlackRock orders staff back to office five days a week
All this week’s asset management news in one place
2 min read
BlackRock orders managing directors back to office five days a week
Move comes after US asset manager tightened its working from home policy in 2023
1 min read
Aviva Investors creates investment engineering team to assist AI push
New team is leading development of an in-house tool dubbed OptiFI, which will be used by the asset manager’s fixed income division
3 min read
Pimco hires former BlackRock fund manager Rupert Harrison as senior UK adviser
Harrison has joined California-headquartered bond giant to advise on macroeconomic and policy matters
1 min read
RLAM’s slow private markets push, and why DWS clients are ‘repatriating’ investments to Europe
All this week’s asset management news in one place
3 min read
Jupiter kicks off hunt for new chair
Chair of fund management group to step down later this year
1 min read
Inside RLAM’s private markets push: ‘We’re not trying to build a monster’
RLAM’s head of private markets says London-based group has time on its side compared to larger competitors
3 min read
Aberdeen blames single Phoenix mandate for £5.2bn outflows in first quarter
The results come after Aberdeen said at the start of March that it was ditching the much-derided Abrdn brand
3 min read
DWS chief says US tariffs have prompted ‘repatriation’ of client assets to Europe
Stefan Hoops says asset manager is in ‘a strong position’ to benefit from the shift of capital from US to Europe
2 min read
HSBC names new CEO for Europe, UK fund management business
Thorsten Michalik takes on oversight of asset management business in the UK, Europe and Americas
Fund groups urged to ‘reinvent’ themselves after stock markets boost revenue growth
Assets and revenue climbed in 2024 thanks to soaring markets
Trading Places: Point72, Caxton and T Rowe Price make hires
Find out who is on the move in the City and beyond this week
Larry Fink says BlackRock has ramped up allocation to ‘undervalued’ UK stocks
The BlackRock CEO says he has ‘more confidence in the UK economy’
21Shares eyes headcount growth, and Jupiter assets take £1bn hit
All this week’s asset management news in one place
2 min read
Former Aberdeen veteran eyes headcount growth at crypto ETP firm 21Shares
Russell Barlow, who joined Switzerland-headquartered crypto assets specialist last year, says headcount could grow to around 100 by the end of the year
3 min read
Jupiter assets fall £1bn during first quarter as retail investors drive outflows
FTSE 250 fund group said retail clients pulled money from funds as a ‘worsening macro environment weighed upon investor sentiment towards risk assets’
2 min read
Gold fund flows near record as investors seek safe havens amid tariff turmoil
BlackRock, UBS and Amundi have posted large inflows into gold products over the past 12 months
2 min read
Why asset managers need to pursue more than scale with M&A deals
Growing without a strategic purpose may not be enough for fund groups to offset headwinds, according to Hugh Elwes
4 min read