Asset Management
Is the UK too late with its retail crypto overhaul?
Catch up on all this week’s asset management news
BlackRock eyes $400bn in private markets fundraising, doubling of market cap by 2030
World’s largest asset manager also wants to increase revenue to more than $35bn by the end of the decade
2 min read
Why the FCA’s ETP overhaul won’t unlock UK crypto
Europe has already pulled ahead of the UK as it opens up more crypto products to retail investors
4 min read
Newton IM’s equity income head Jim Lydotes set to depart
Lydotes, who is also deputy CIO for equities, is the latest high-profile exit from the BNY-owned fund group
1 min read
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
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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
Schroders chair Elizabeth Corley to join London Stock Exchange Group board
Appointment comes as LSEG shrinks its reliance on equities
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
Hargreaves Lansdown chief Dan Olley exits after £5.4bn private equity takeover
Chair of transformation committee Richard Flint named as interim successor
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
2 min read