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,…
Institutional investors are optimistic about fixed income hedge funds, with 63% expecting annual returns of 10% or higher, according to research from RBC BlueBay Asset Management. Despite these expectations, only…
The European Commission’s recent proposal to simplify sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CSDDD), and EU Taxonomy Regulation has been met with…
