Janus Henderson Group’s assets under management fall in volatile market February 5, 2019 Assets under management (AUM) at Janus Henderson Group plummeted $50bn (£38.43bn) last quarter amid volatile markets. The company, which was formed through the 2017 merger of Henderson Group and Janus Capital Group, saw AUM fall 13 per cent from $378.1bn to $328.5bn in the three months to the end of December. Read more: Blackrock assets [...]
An adrenaline rush every morning will relieve stress and boost your energy, according to new research February 5, 2019 Businesses are constantly searching for innovative ways to encourage creativity, boost productivity, and reduce stress among their employees – all factors that we know impact a company’s bottom line. We also know that implementing strategic change in companies of scale takes time. So what if there were a simple shortcut to achieving these outcomes? We [...]
Wray of light: serial investor on why small firms are the ‘spice of life’ February 5, 2019 | Sponsored Westminister can be a little sleepy over the weekend – the politicians, civil servants, lobbyists and other politicos drifting off to the shires. But the weekend of 30 March will be different. For starters the Saturday is the day after the UK is scheduled to leave the European Union. It seems unlikely the country will ‘go [...]
Business banking startup Anna Money raises £8.5m from Kinetik February 5, 2019 Financial admin startup Anna Money has landed £8.5m in funding from Kinetik, as the banking app aims to take on the big leagues. Anna, which offers a digital admin assistant, current account and banking debit card for small businesses, said it is preparing to launch several new tools in anticipation of HM Revenue & Customs' [...]
Crypto exchange Kraken buys London trading firm in nine-figure deal February 4, 2019 San Francisco-based cryptocurrency exchange Kraken has finalised a deal to buy London trading firm Crypto Facilities. Kraken said it was one of the industry’s largest deals to date, valued at nine-figures. Though Crypto’s 25-strong team will remain in London, they will all become Kraken employees and expand the US firm's commitment to expanding its European [...]
What’s holding back the female entrepreneurs? February 4, 2019 Achieving gender equality in economic opportunities is a struggle that has many dimensions. Not only is there a pay gap between men and women who are salaried employees, stark gender gaps also exist in the area of entrepreneurship. In particular, more men report being business owners than women, and even when women are business owners, [...]
Veteran investor Bill Gross to retire from Janus Henderson Investors next month February 4, 2019 Veteran investor Bill Gross has announced he will retire from Janus Henderson Investors next month. Gross, who founded Pimco in 1971, will step down from his role as portfolio manager of the Global Unconstrained Bond and Total Return strategies on 1 March and his responsibilities will be transferred to the Global Macro Fixed team led by [...]
Asset management firms face overhaul of fund disclosure after FCA publishes market study February 4, 2019 Asset management firms must provide greater clarity for investors to make more informed decisions, the UK’s financial regulator has said. The Financial Conduct Authority (FCA) said today that managers must make fund objectives and investment policy descriptions more useful to investors, and explain how and why funds use particular benchmarks. Read more: A quarter of high [...]
More than a quarter of Brits believe Facebook will launch a banking service by 2023 February 4, 2019 More than a quarter of Brits believe that Facebook will offer a banking service within the next five years. The research, published on the 15th anniversary of the social media giant’s launch, revealed that 29 per cent of UK consumers believe technology companies such as Facebook and Amazon will offer high street banking services by [...]
How to reshape the financial system? First ditch the idea of the free market February 4, 2019 | City Talk Nick Silver, Honorary Senior Visiting Fellow, Cass Business School, writes for The Conversation. First published by Amy Ripley (Senior Communications Officer) Ten years ago the financial system collapsed and governments around the world intervened to save it. Much of the subsequent legislation, regulation and angst has attempted to make the system less risky so it [...]
