asset-management
FinanceSchroders CEO Plans Reboot Under Pressure From Founding Family, Sources Say
FinanceJupiter Loses $13 Billion in Assets as Client Outflows Accelerate
FinanceMan Group Shares Jump After Share Buyback and Profit Beat Expectations
FinanceEquitable to Use Funds From Reinsurance Deal to Boost AllianceBernstein Stake
Exclusive-Abrdn to Launch China Asset Management Venture With Citic Unit, Sources Say
Date: February 21, 2025
By Selena Li HONG KONG (Reuters) - Abrdn is in advanced talks with Citic Bank to launch an asset management joint venture in China, two people with knowledge of the matter said, as the British firm...
Efg International Posts Profit Rise, to Acquire Private Bank Cité Gestion
Date: February 19, 2025
ZURICH (Reuters) - Switzerland's EFG International said on Wednesday it had posted a net profit of 321.6 million Swiss francs ($356 million) in 2024, an increase of 6% from the previous year, and that...
Vanguard ETF Poised to Overtake State Street's Fund as World's Biggest
Date: February 19, 2025
By Suzanne McGee (Reuters) - Vanguard Group's Standard & Poor's 500 ETF is on the edge of finally seizing the title of the world's largest exchange-traded fund from rival State Street Global Advisors'...
Italy Seeks Guarantees From Generali Over Natixis Deal, Sources Say
Date: January 31, 2025
By Giuseppe Fonte, Valentina Za and Gianluca Semeraro ROME (Reuters) - The Italian government has reservations over Generali's asset management deal with France's BPCE and wants further guarantees...
Telefonica Hires JPMorgan to Sell Argentina Business, Expansion Reports
Date: January 29, 2025
MADRID (Reuters) - Spanish telecoms company Telefonica has hired investment bank JPMorgan to evaluate a possible sale of Argentina business, newspaper Expansion reported on Wednesday, citing...
Exclusive-Deutsche Bank Talks on China Jv End Over Disagreement on Control, Sources Say
Date: January 28, 2025
By Selena Li and Iain Withers HONG KONG/LONDON (Reuters) - Talks between Deutsche Bank, its asset management arm DWS and Chinese lender Postal Savings Bank of China (PSBC) over a joint venture in...