Asset Management

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

3 min read

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

4 min read

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

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

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’

Impax’s assets slump in ‘challenging’ period for ESG investor

Impax Asset Management launches £10m share buy back

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

Ashmore opens Qatar office in Middle East push

Emerging markets asset manager said the move will allow it to establish new relationships with investors in the Middle East

2 min read

JPMorgan funds boss: Global turmoil is pushing investors towards Europe

Patrick Thomson, who leads JPMorgan’s Emea asset management business, says policy stability is drawing flows

2 min read

L&G acquires real estate group Proprium to fuel private markets push

Deal is the latest for the UK asset manager amid plan to grow private markets assets to £85bn

2 min read

Index providers fight over $6.4bn business: ‘We want our fair share’

Investors are rushing to low-cost index trackers, making benchmarking the world’s assets a valuable business. Now challengers want a piece of the action

9 min read

Investment Association picks Folgate Building for new headquarters

Fund management trade body will move to its new office in September

2 min read