asset-management

Image for UK's M&G misses half-year profit expectations despite record inflowsFinance

UK's M&g Misses Half-Year Profit Expectations Despite Record Inflows

Image for Mubadala-backed Corient to acquire two European wealth managers in $214 billion asset dealFinance

Mubadala-Backed Corient to Acquire Two European Wealth Managers in $214 Billion Asset Deal

Image for BlackRock has crossed 5% threshold in Telecom Italia, filing showsFinance

BlackRock Has Crossed 5% Threshold in Telecom Italia, Filing Shows

Image for Abu Dhabi's Lunate to take minority stake in Brevan HowardFinance

Abu Dhabi's Lunate to Take Minority Stake in Brevan Howard

Image for German company is set to scrap politically sensitive Chinese turbine deal

German Company Is Set to Scrap Politically Sensitive Chinese Turbine Deal

Date: August 25, 2025

BERLIN (Reuters) -Germany's Luxcara said on Monday it may switch to Siemens Gamesa turbines for its 300-megawatt Waterkant wind farm, potentially scrapping a deal with a Chinese company that had drawn...

Image for Exclusive-Sona poised to hire Cheyne's Hill as CFO for $13.6 billion manager, source says

Exclusive-Sona Poised to Hire Cheyne's Hill as CFO for $13.6 Billion Manager, Source Says

Date: August 22, 2025

By Nell Mackenzie LONDON (Reuters) -Sona Asset Management is set to hire David Hill as its new chief financial officer, a source close to the matter told Reuters on Friday.  Hill will likely join the...

Image for BlackRock research arm bigs up hedge funds to investors

BlackRock Research Arm Bigs up Hedge Funds to Investors

Date: August 21, 2025

(Corrects paragraph 2 to say BlackRock recommends dedicating up to an additional 5% of portfolios to hedge fund investments from current levels [not recommends dedicating up to 5% of their portfolios...

Image for Prosus says quarterly profit rises 54%, plans $2 billion in asset sales

Prosus Says Quarterly Profit Rises 54%, Plans $2 Billion in Asset Sales

Date: August 20, 2025

JOHANNESBURG (Reuters) -Dutch technology investor Prosus plans to raise $2 billion through asset sales in the near term, the company's CEO said on Wednesday as he announced a 54% increase in quarterly...

Image for Norway wealth fund terminates Israel asset management contracts

Norway Wealth Fund Terminates Israel Asset Management Contracts

Date: August 11, 2025

ARENDAL, Norway (Reuters) -Norway's $2 trillion sovereign wealth fund said on Monday it is terminating all contracts with asset managers handling its Israeli investments and has divested parts of its...

Image for Selwood Asset Management says Louis Hachette should change market listing

Selwood Asset Management Says Louis Hachette Should Change Market Listing

Date: August 11, 2025

PARIS (Reuters) -Investment company Selwood Asset Management said on Monday that French media company Louis Hachette Group should seek a new stock market listing to boost its growth, and urged Canal...