News
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
Goldman, CVC execs are moving to Milan. But will others follow?
Changes to the nom-dom regime will cause some exits, but not as many as some predict
4 min read
City wealth CEOs’ pay surges as firms look to lock in talent
A new breed of bosses is in high demand
5 min read
How hedge fund ‘Ronaldos’ beat the Trump slump
An army of experienced traders helped Brevan Howard, Rokos and Discovery post high returns amid tariff-driven volatility
4 min read
‘Big won’t always win’: Why Quilter Cheviot wants to be more like a private bank
Boss Andy McGlone says high-end planners running fewer accounts is the future of UK wealth
6 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
HSBC shakes up investment bank with private markets and debt financing push
The UK lender is housing all of its investment banking and capital markets units in a new division
2 min read
Revealed: Schroders outsources technology teams in landmark deal
Asset manager hands over in-house global technology services to UST
2 min read
Preqin duo join ranks of UK’s wealthiest after BlackRock buyout
Mark and Lindy O’Hare completed the £2.6bn sale of their firm in March
2 min read
EY pushes back consultant start dates again
The Big Four is trying to keep a lid on costs as demand dries up
1 min read
Trading Places: BofA banker bags Treasury role, Citi names UK private banking boss
Find out who is on the move in the City and beyond this week
2 min read
SJP wants 55 advisers in Dubai by year-end
The UK’s largest wealth manager opened its first Middle East office in 2023 and is pushing to expand
UK’s £1.4m investment summit bill, and why fund groups aren’t budging on WFH
All the week’s asset management news in one place
Wintermute opens New York office, hires ex-Ripple manager to lead policy
The crypto market maker is hiring investment management and business development staff in the US
Revealed: Government spent more than £1m on one day investment summit
The flagship event held in London’s Guildhall last October attracted business leaders from around the world, but racked up a significant bill
3 min read
Brooks Macdonald hires BlackRock executive in another leadership shakeup
Karen Charlery will join the London wealth manager as chief operating officer in June
1 min read
Investment bank Cavendish puts jobs at risk amid dearth of UK IPOs
The new investment bank has pared back costs as equity capital markets activity has remained low
2 min read
Standard Chartered looks to hire 25 sponsors dealmakers in investment bank push
The UK lender has outlined plans to bolster returns from financial institutions
2 min read
European bank stocks have thrived. But shadows loom
Shares are up by a third this year, aided by the advance of the euro against the dollar. But with the ECB loosening and US tariffs a major uncertainty, the way ahead could be more difficult
3 min read