Asset Management

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

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

Can ESG funds still ignore defence stocks?

Catch up on all the top asset management news this week

3 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

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

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