asset-management
FinanceBanca Generali Posts In-Line Profit for Q2 Amid Wave of Banking M&A in Italy
Amundi Second-Quarter Profit Misses Expectations, Shares Fall
Exclusive-Buyout Groups Explore Sale of British Wealth Manager Evelyn, Sources Say
Vatican Reports 35.5% Increase in Profit From Holdings for 2024
UK Financial Watchdog Fines H2O's Former Deputy Ceo, Places Ban
Date: July 25, 2025
(Reuters) -Britain's Financial Conduct Authority on Friday imposed a fine of 1 million pounds ($1.34 million) on Jean-Noel Alba, the former deputy CEO of French asset manager H2O, and banned him from...
Italy's Azimut Buys Chigago-Based North Square Investments in $165 Million Deal
Date: July 22, 2025
MILAN (Reuters) -Italian asset manager Azimut said on Tuesday it had signed a binding accord to buy North Square Investments (NSI) in a cash-and-share deal giving the U.S. peer an enterprise value of...
Charles Schwab Profit Surges on Trading Boom, Asset Growth
Date: July 18, 2025
(Reuters) -U.S. brokerage firm Charles Schwab said on Friday its profit rose nearly 60% in the second quarter, driven by robust trading activity and increased asset management fees. Shares of Charles...
Hedge Funds Lure Record Inflows in First Half of 2025
Date: July 18, 2025
NEW YORK (Reuters) -Global hedge funds had their strongest inflows in the first half of the year since 2015, gaining popularity in turbulent markets amid U.S. President Donald Trump's new trade...
Australia's Macquarie Asset Management Raises $4.1 Billion for European Infrastructure Debt Fund
Date: July 17, 2025
(Reuters) -The asset management arm of the Macquarie Group said on Thursday that it has raised 3.5 billion euros ($4.06 billion) for its European infrastructure debt fund. ($1 = 0.8630 euros) (...
Allianz's Fund Arm AGI Can Resume Business in Us, CEO Says
Date: July 16, 2025
MUNICH (Reuters) -Allianz's fund management arm AGI can resume business in the United States after being forced to exit the market following a fraud scandal, the German company's CEO said. In 2022,...