asset-management

Image for Fund manager abrdn’s assets hit by market volatility, shares diveTop Stories

Fund Manager Abrdn’s Assets Hit by Market Volatility, Shares Dive

Image for At 40 Years Old, Arca Fondi SGR Remains Proactive in Meeting Evolving Investment NeedsInterviews

At 40 Years Old, Arca Fondi Sgr Remains Proactive in Meeting Evolving Investment Needs

Image for Julius Baer reports 18% H1 net profit riseTop Stories

Julius Baer Reports 18% H1 Net Profit Rise

Image for Britain to ease EU rule on charging asset managers for stock picksTop Stories

Britain to Ease EU Rule on Charging Asset Managers for Stock Picks

Image for UK regulator orders investment funds to manage liquidity better

UK Regulator Orders Investment Funds to Manage Liquidity Better

Date: July 6, 2023

UK regulator orders investment funds to manage liquidity better By Huw Jones LONDON (Reuters) – Some asset managers face sanctions for failing to manage liquidity properly, posing risks to market stability and investors’ ability to withdraw money, Britain’s Financial Conduct Authority (FCA) said on Thursday. The suspension of property funds in Britain and difficulties faced...

Image for Austria’s Kathrein Privatbank: Continuing to Apply the Personal Approach in its 99th Year

Austria’s Kathrein Privatbank: Continuing to Apply the Personal Approach in Its 99th Year

Date: June 29, 2023

Austria’s Kathrein Privatbank: Continuing to Apply the Personal Approach in its 99th Year Founded by Carl Kathrein in 1924, Kathrein Privatbank is one of the leading private banks in Austria, offering customised investment advice, asset management, financing and consulting to families, entrepreneurs and foundations. Wilhelm Celeda has been CEO of Kathrein Privatbank since 2019. Considered...

Image for Odey Asset Management says not gating funds in Crispin Odey succession

Odey Asset Management Says Not Gating Funds in Crispin Odey Succession

Date: June 12, 2023

Odey Asset Management says not gating funds in Crispin Odey succession By Nell Mackenzie LONDON (Reuters) – Odey Asset Management is not considering imposing exit restrictions on investors in any of its funds, a spokesperson said, as partners seek to sever ties with founder Crispin Odey following allegations of sexual misconduct against him. The Financial...

Image for M&G posts net asset management inflows in Q1

M&g Posts Net Asset Management Inflows in Q1

Date: June 8, 2023

LONDON (Reuters) – M&G recorded 1 billion pounds ($1.25 billion) of net inflows into its wholesale asset management business in the first quarter, the British insurer said on Thursday, offsetting expected redemptions from institutional clients. The group said net client inflows, excluding Heritage, stood at 0.4 billion pounds, despite redemptions triggered by the ‘mini-budget crisis’...

Image for Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources

Exclusive-Credit Suisse Axes China Bank Plan to Avoid Regulatory Conflict Under UBS-sources

Date: May 31, 2023

HONG KONG/SHANGHAI (Reuters) -Credit Suisse has scrapped plans to set up a locally incorporated bank in China to sidestep a potential regulatory conflict arising from its merger with UBS, said two sources with direct knowledge of the matter. Embattled Credit Suisse had been preparing for years to set up a wholly owned local bank in...

Image for Agnelli investment firm hires former UK minister Osborne

Agnelli Investment Firm Hires Former UK Minister Osborne

Date: May 15, 2023

PARIS/LONDON (Reuters) – Lingotto Investment Management, backed by Italy’s Agnelli family, has hired former British finance minister George Osborne and veteran fund manager James Anderson as it weighs expanding its assets under management, it said on Monday. Owned by Exor NV, the Agnelli family holding company, Lingotto, builds on investment activities Exor previously managed on...