Asset Management
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
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
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
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
2 min read
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