Tag: Asset Management
12 months ago
cityam.com

London money managers reveal toll of turmoil as Jupiter assets rise

Fund house Jupiter reported a bump in assets and a sharp rise in profits in a mixed morning of results for London’s m...

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over 1 year ago
cityam.com

Exclusive: City asset finance chief on how to stay calm amid eye-watering inflation

Inflation numbers hit record levels in 2022, while the cost of living crisis raged and interest rates went through th...

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almost 2 years ago
cityam.com

Tatton Asset Management bolsters investments offerings via £7m 8AM Global Limited acquisition

Tatton Asset Management today said it had completed its acquisition of fund manager 8AM Global Limited for £7m. The L...

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almost 2 years ago
cityam.com

FCA to swoop on City's asset managers over misleading ESG investment

The UK’s City watchdog is set to swoop on asset managers to ensure they are properly promoting sustainable investment...

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almost 2 years ago
cityam.com

Abdrn shares plunge as market turmoil sparks £320m loss

Shares in Abrdn plunged today after the asset manager reported a £320m loss and a sharp slide in assets under adminis...

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almost 2 years ago
cityam.com

French asset manager Amundi takes hit from turbulent European markets

French asset manager Amundi today said the value of the assets it manages has dropped by 4.75 per cent compared to th...

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almost 2 years ago
cityam.com

Liontrust hit by £500m outflows as investor jitters spread

London-listed asset manager Liontrust revealed it had been hit by £500m of outflows in the three months to June today...

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almost 2 years ago
cityam.com

Ashmore assets plunge $14bn as investors pull cash

Specialist emerging markets manager Ashmore revealed the value of its assets under management plunged $14.3bn in the ...

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about 2 years ago
cityam.com

The era of steady growth and inflation is over, BlackRock warns

The world’s biggest asset manager BlackRock said today the era of steady growth and inflation was over as it revealed...

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about 2 years ago
cityam.com

Abrdn launches £300m share buyback programme

Asset manager Abrdn announced a £300m share buyback programme this morning as it looks to put excess cash back in sha...

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about 2 years ago
cityam.com

Liontrust profits roar past £96m after resilient inflows

Asset manager Liontrust posted a 64 per cent surge in pre-tax profits today after bucking the outflows seen across th...

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about 2 years ago
cityam.com

FinnCap boss Sam Smith to step down after 24 years

The boss of AIM-listed brokerage finnCap is set to step down after more than 20 years in the role, the firm announced...

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about 2 years ago
cityam.com

Gilbert's AssetCo buys Edinburgh asset manager to bolster Scottish business

Martin Gilbert’s asset management vehicle AssetCo has snapped up Scottish firm SVM Asset Management Holdings for £10....

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about 2 years ago
cityam.com

Law firms join forces to press claims on Woodford fund collapse

Two of the law firms pressing claims over the alleged mismanagement of the now collapsed Woodford Equity Income Fund ...

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about 2 years ago
cityam.com

AssetCo boss says 'still much to do' as firm posts first half loss

The boss of AssetCo said today there was “still much to do” as the newly expanded asset manager posted pre-tax losses...

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about 2 years ago
cityam.com

Exclusive: Half of City's asset managers, pension funds and insurers still do not have any ESG po...

It has emerged that many key players in the City still do not have developed an environmental, social and governmenta...

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about 2 years ago
cityam.com

Exclusive: Bankers, brokers and City managers have WhatsApp 'blind spot' despite £160m fine for J...

The majority of financial institutions fail to monitor their employee’s WhatsApp conversations, according to new rese...

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about 2 years ago
cityam.com

Allianz told to pay $6bn after SEC charges three execs with fraud over Structured Alpha funds sca...

The US financial watchdog has told German financial services behemoth Allianz to pay $6bn (£4.8bn) after charging thr...

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about 2 years ago
cityam.com

Allianz sets aside an extra €1.9bn to cover costs of Structured Alpha funds scandal

German asset manager Allianz has set aside another €1.9bn (£1.6bn) to cover the costs of lawsuits arising from the mu...

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over 2 years ago
cityam.com

City investors pocket £36m: Wesleyan fund issues its largest-ever bonus as pandemic recovery kick...

Wesleyan, a specialist financial mutual for doctors, dentists and teachers, told City A.M. this morning it has distri...

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over 2 years ago
cityam.com

10m British pensions at BlackRock 'helped' Putin’s invasion of Ukraine via £1bn in oil energy div...

Fund manager BlackRock – which oversees 10 million British pensions – has helped Putin build his war chest by investi...

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over 2 years ago
cityam.com

Allianz to vote against executive pay policies that are not linked to ESG targets

German asset manager Allianz Global Investors has said it will vote against major companies that choose not to use ES...

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over 2 years ago
cityam.com

Liontrust faces shareholder rebellion over plans to hike executive salaries

London-listed asset manager Liontrust is facing a shareholder rebellion over plans to hike the salaries of its C-Suit...

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over 2 years ago
cityam.com

Dow Jones makes push into ESG as it launches sustainability data set for asset managers

Dow Jones said this morning it has launched a sustainability data index to help the global financial community unders...

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over 3 years ago
businessinsider.com

Pimco has just shaken up its legal leadership as compliance chief exits and deputy counsel steps ...

Nadia Zakir and Sung-Hee Suh are expected to take on bigger roles within the firm amid the departure of its chief com...

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