News
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
Wealth manager Shackleton eyed takeover that could have tripled assets
Wealth manager could buy a number of firms larger than itself as it looks for a new owner, documents reveal
3 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
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
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
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
Most Read
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
3 min read
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
2 min read
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
