asset management

Image for Schroders CEO plans reboot under pressure from founding family, sources say
Finance

Schroders CEO plans reboot under pressure from founding family, sources say

By Amy-Jo Crowley, Iain Withers and Stefania Spezzati LONDON (Reuters) - When Schroders CEO Richard...

28th February, 2025

Image for Jupiter loses $13 billion in assets as client outflows accelerate
Finance

Jupiter loses $13 billion in assets as client outflows accelerate

By Yamini Kalia (Reuters) - Britain's Jupiter Fund Management lost more than a tenth of its assets i...

27th February, 2025

Image for Man Group shares jump after share buyback and profit beat expectations
Finance

Man Group shares jump after share buyback and profit beat expectations

By Nell Mackenzie LONDON (Reuters) - London-listed Man Group, reported on Thursday a roughly 1% rise...

27th February, 2025

Image for Equitable to use funds from reinsurance deal to boost AllianceBernstein stake
Finance

Equitable to use funds from reinsurance deal to boost AllianceBernstein stake

By David French (Reuters) - Equitable Holdings will announce on Monday it aims to raise its stake in...

24th February, 2025

Image for Exclusive-Abrdn to launch China asset management venture with Citic unit, sources say
Finance

Exclusive-Abrdn to launch China asset management venture with Citic unit, sources say

By Selena Li HONG KONG (Reuters) - Abrdn is in advanced talks with Citic Bank to launch an asset man...

21st February, 2025

Image for EFG International posts profit rise, to acquire private bank Cité Gestion
Finance

EFG International posts profit rise, to acquire private bank Cité Gestion

ZURICH (Reuters) - Switzerland's EFG International said on Wednesday it had posted a net profit of 3...

19th February, 2025

Image for Vanguard ETF poised to overtake State Street's fund as world's biggest
Finance

Vanguard ETF poised to overtake State Street's fund as world's biggest

By Suzanne McGee (Reuters) - Vanguard Group's Standard & Poor's 500 ETF is on the edge of finally se...

19th February, 2025

Image for Italy seeks guarantees from Generali over Natixis deal, sources say
Headlines

Italy seeks guarantees from Generali over Natixis deal, sources say

By Giuseppe Fonte, Valentina Za and Gianluca Semeraro ROME (Reuters) - The Italian government has re...

31st January, 2025

Image for Telefonica hires JPMorgan to sell Argentina business, Expansion reports
Finance

Telefonica hires JPMorgan to sell Argentina business, Expansion reports

MADRID (Reuters) - Spanish telecoms company Telefonica has hired investment bank JPMorgan to evaluat...

29th January, 2025

Image for Exclusive-Deutsche Bank talks on China JV end over disagreement on control, sources say
Finance

Exclusive-Deutsche Bank talks on China JV end over disagreement on control, sources say

By Selena Li and Iain Withers HONG KONG/LONDON (Reuters) - Talks between Deutsche Bank, its asset ma...

28th January, 2025

Image for Generali Investments buys majority stake in U.S. investment firm MGG  
Finance

Generali Investments buys majority stake in U.S. investment firm MGG  

MILAN (Reuters) - Generali Investments, the global investment arm of Italy's top insurer Generali, s...

28th January, 2025

Image for British insurer Phoenix's Standard Life CEO to retire in 2025
Finance

British insurer Phoenix's Standard Life CEO to retire in 2025

(Reuters) - British insurer Phoenix Group said on Tuesday that Andy Curran, the CEO of Standard Life...

28th January, 2025