Blackstone’s private credit fund hands investors record redemptions March 3, 2026 The world’s largest alternative asset manager is allowing investors to pull a record amount of cash from its flagship private credit fund as anxiety continues to ripple through the trillion-dollar industry. Blackstone will permit investors to redeem 7.9 per cent of shares from the fund – the equivalent to a whopping $3.8bn. The financial giant [...]
UK asset managers pile into cut-price software stocks after rout February 25, 2026 Two of Britain’s largest asset managers have bolstered their positions in under-fire software companies in a bet that markets are overestimating the harm that artificial intelligence will have on their business model. Aberdeen and Rathbones have both added to holdings data giants like Relx, Adobe and Experian, arguing that the firms’ cratering valuations are largely [...]
Schroders: Mega mergers test tech more than balance sheets February 24, 2026 The real test of most recent mega mergers like Schroders’ takeover by Nuveen lies far from the dealing desks and investment committees – rather It sits inside the nooks and crannies of technology engine rooms that keeps the pulse of modern-day investing pumping, says Gus Sekhon The City loves nothing more than a takeover tale [...]
What does the Schroders acquisition mean for Cazenove Capital? February 19, 2026 The City was stunned last Thursday, after one of London’s oldest financial institutions entered a surprise mega deal with an American investment firm. Schroders announced it had agreed a £9.9bn takeover by Nuveen, ending over two centuries of independence for the asset manager. The shock acquisition is set to create one of the world’s largest [...]
City stunned by Nuveen’s £10bn swoop on Schroders February 12, 2026 City analysts were stunned by Thursday morning’s announcement that Schroders has entered into a surprise £9.9bn deal with Nuveen, which holds $1.4 trillion in assets, after speculation of a sale was rebuffed in July. Schroders Group CEO Richard Oldfield squashed rumours that the Schroder family, who control almost half of the company’s shares, were eyeing [...]
Another blow to Stock Exchange as Schroders snapped up by US rival in shock £10bn deal February 12, 2026 Asset manager Schroders has agreed to a £9.9bn takeover by American investment firm Nuveen, in a deal that would end over two centuries of independence for the UK’s largest standalone asset manager. Under the terms of the agreement, Schroders shareholders will receive 612 pence per share, including a cash consideration of 590 pence and a [...]
Standard Chartered shares fall as finance boss exits for Apollo February 10, 2026 The finance boss of Standard Chartered has made a swift exit from the bank as he takes up a top job at asset manager Apollo. Diego De Giorgi, who joined the bank in September 2023 before becoming chief financial officer in January 2024, stepped down to lead Apollo’s European, Middle East and Africas region. The [...]
Schroders shares smash two-year high after surge in new business January 15, 2026 Wealth manager Schroders notched a two-year high on its stock price on Thursday morning after an influx of new business led to a major uptick in management fees. The FTSE 100 asset manager told markets it was expecting full-year operating profit to come in at £745m, up from £603m from the year prior. Shares rose [...]
Royal London: AI set to take key roles in asset management November 20, 2025 AI is poised to take on some of the traditional roles in asset management, and the sector can no longer ignore it. Royal London Asset Management’s chief data officer, Rob Middleton said firms need to stop skirting the conversation and accept that the shift is already reshaping how teams work. “We have to attempt to [...]
ICG: FTSE 100 giant’s shares rocket as fee income soars November 18, 2025 Shares in global alternative asset manager Intermediate Capital Group (ICG) soared on Tuesday morning after the firm recorded a dramatic jump in profit for the first half of the year. The FTSE 100 giant’s stock was up over eight per cent to 2,046.26p when markets opened, which came after the group revealed a 77 per [...]