Schroders chief Peter Harrison set to retire next year Asset management The veteran chief of Schroders, Peter Harrison, is set to step down next year after eight years at the helm of the FTSE 100 funds group, the firm announced today.
Cathie Wood on losing $14bn, Trump and where the UK has an edge over the US Investing Cathie Wood has an answer to those accusations that her investment firm lost billions of her investors’ money investing in tech stocks.
Man Group: World’s largest publicly listed hedge fund’s assets swell to new record Asset management The world’s largest publicly listed hedge fund group updated its shareholders with a trading statement
Cathie Wood’s ARK expands to Europe despite poor performance April 18, 2024 Cathie Wood’s ARK has expanded to Europe, launching its first exchange traded funds on the London Stock Exchange. An analysis by Morningstar earlier this year found that ARK had destroyed $14bn in wealth over the past decade, topping the list of wealth destroyers among investment companies. “These funds managed to lose value for shareholders even [...]
Tatton AM: Meet the one asset manager actually doing well right now April 16, 2024 Customers actually putting money into asset managers, rather than withdrawing billions, may seem like an unbelievable situation nowadays, but Tatton Asset Management is the rare exception. The AIM-listed company’s assets under management jumped by a whopping 27 per cent in the last year, after investors poured billions into their funds. Tatton AM now manages £17.6bn [...]
Meet the fund managers: Matching multi-asset to macroeconomic shifts April 15, 2024 This week on Meet the Fund Managers, we’re hearing from Bhavin Shah, lead manager on the multi-asset BNY Mellon FutureLegacy range.
Ruffer eyes job cuts as ‘down year’ hits hard April 14, 2024 Asset managers have cut around 2,000 jobs since the start of 2024.
Premier Miton assets jump despite investors pulling millions from funds April 12, 2024 Asset manager Premier Miton saw investors continue to pull millions from its funds over the last six months, but managed to bring its assets under management up due to strong investment performance and an acquisition.
The week that was: EVs out of juice, star investors struggle and rate expectations April 6, 2024 Rate expectations, EV sales stalling and one investor losing out on his fairy-tale ending: we review another busy week in business.
Gold funds leapt in March as precious metals took eight of the top 10 positions April 2, 2024 "With the price of an ounce rising almost 10 per cent in March, it’s no surprise seeing gold equities finally coming to the party."