asset-management
Japan's Dai-Ichi Life to Take 15% Stake in British Insurer M&g
UK Pension Schemes Told to Merge Into 'megafunds' by 2030
Global Investors Launch Europe Defence Funds to Profit From Rearmament
Hedge Fund Saba Reaches Agreement With Another Investment Trust Target
Cantor Fitzgerald to Acquire UBS Hedge Fund Unit, Expanding Alternative Assets
Date: May 28, 2025
(Reuters) -U.S. brokerage firm Cantor Fitzgerald said on Wednesday it would buy Swiss lender UBS' hedge fund unit, O'Connor. The deal continues an active dealmaking cycle for the Wall Street giant...
Intesa CEO Rules Out Any Deal Taking National Savings Out of Italian Hands
Date: May 26, 2025
MILAN (Reuters) -Intesa Sanpaolo's CEO on Monday ruled out taking part in any deal that would take the management of national savings out of Italian hands, saying he recognised some financial sector...
Legal & General to Merge Investment Units to Cut Costs
Date: May 23, 2025
(Reuters) -British insurer Legal & General will merge two of its investment divisions and cut around 80 jobs as part of a restructuring effort to reduce costs, the Financial Times reported on Friday....
Italy's Azimut Signs Binding Agreement With Fsi to Create FinTech Bank
Date: May 22, 2025
(Reuters) -Italian asset manager Azimut said on Thursday it had signed a binding agreement with domestic private equity fund FSI to create a fintech bank, spinning off a portion of its financial...
Russian Lawmakers Push for Right to Ignore Western Company Buyback Options
Date: May 22, 2025
(Reuters) -Russian lawmakers are pushing for new rules to give domestic companies the right to ignore any buyback options they agreed with Western firms that left the country, to keep a grip on...
Bp Seeks Buyers for Castrol Lubricants Unit to Reach $20 Billion Divestment Goal, Sources Say
Date: May 22, 2025
By Andres Gonzalez LONDON(Reuters) -BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the...