Registrations rise despite decline in number of funds
Cross-border registrations of investment funds embarked on a steady growth path for 2024, recording 143,244 registrations as of the end of the year, according to a report by PwC. Since…
Cross-border registrations of investment funds embarked on a steady growth path for 2024, recording 143,244 registrations as of the end of the year, according to a report by PwC. Since…
Cross-border registrations of investment funds embarked on a steady growth path for 2024, recording 143,244 registrations as of the end of the year, according to a report by PwC. Since…
Reporting its results for the calendar year 2024, the London-based savings and investment group said that “expected” net outflows of £1.9bn “continued from UK defined benefit clients in asset management…
Annual profits at M&G plc rose 5% in 2024 to £837m as the effects of a cost-cutting programme and growth in its asset management business took hold. Reporting its results…
The UK Financial Conduct Authority (FCA) has issued a decision notice to fine and ban Crispin Odey, the founder of Odey Asset Management, from the UK financial services industry for…
The unexpected contraction, following a 0.4% rebound in December, highlighted the fragile state of the economy and the risks facing both households and businesses in 2025, according to Nicholas Hyett,…
UK investors added a net £1.09bn to their equity-fund holdings during the month, having been net sellers in January. Rising bond markets also prompted the largest inflows to fixed income…
Both Ucits ETFs launched today on Börse Xetra and Borsa Italiana with total expense ratios (TER) of 0.40% and 0.45%, respectively. The ETFs will list on the London Stock Exchange…
Tokenisation could transform the asset management industry, delivering cost savings of over $135 billion, according to research from global funds network Calastone. As fund processing costs are expected to rise…
UK asset manager Abrdn has officially reverted to the name Aberdeen, scrapping its much-criticised, vowel-less branding introduced under former chief executive Stephen Bird. The change was announced by Jason Windsor,…