https://images.fnlondon.com/im-943056/?width=262&height=174

https://images.fnlondon.com/im-943056/?width=359&height=239

https://images.fnlondon.com/im-943056/?width=749&height=499

https://images.fnlondon.com/im-943056/?width=959&height=639

https://images.fnlondon.com/im-943056/?width=1242&height=810

https://images.fnlondon.com/im-943056/?width=1280&height=853

The biggest asset management stories this week

Asset Management Correspondent

This is an online version of FN's asset management newsletter. Want it delivered directly to your inbox every Thursday? Sign up here

As assets across Europe’s ETF industry continue to reach new highs, some of the region’s biggest fund management groups are eyeing fresh opportunities in new markets.

Why BlackRock is an unbeatable brand and BNP Paribas wants to be big in Asia

David Ricketts

BNP Paribas

BlackRock

Schroders

Polar Capital

Investing

SJP’s rollercoaster year, Evelyn’s takeover: FN’s top wealth management stories of 2024

HSBC names John Shipman interim CEO of Swiss private bank

BlackRock plans more private markets funds for wealthy investors

Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

https://images.fnlondon.com/im-52085931?size=1.5

Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

https://images.fnlondon.com/im-92579329?size=1.52

Leveraged finance lawyers are in high demand in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

Activist Investor Widens Call for Review of Rio Tinto’s Dual-Listing

Activist Investor Palliser Capital Widens Call for Review of Rio Tinto’s Dual-Listing Status

In a 12-hour social-media barrage, the world’s richest man led a rebellion against a bill aimed at keeping the government funded.

Musk Draws First Blood With Spending Bill Bombshell 

Aides kept meetings short and controlled access, top advisers acted as go-betweens and public interactions became more scripted. The administration denied Biden has declined.

By Annie Linskey, Rebecca Ballhaus, Emily Glazer and Siobhan Hughes

How the White House Functioned With a Diminished Biden in Charge

Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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

https://www.wsj.com?type=allesseh_content_full_list

https://ace.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Financial News