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 [...]
Tech tailwinds boost Polar Capital as AI bubble balloons November 17, 2025 Asset manager Polar Capital reported a surge in earnings after the firm’s “meaningful exposure” to tech stocks provided a hefty tailwind. The London-listed business recorded a 21 per cent jump in pre-tax profit to £27.9m, this was up from £23.1m just last year. Whilst outflows soared to £690m, including a significant £632m concentrated in the [...]
FOMO worries drive investors to get their hands on gold October 30, 2025 Global demand for gold hit record breaking highs in the recent financial quarter, as investors continue to pay significant amounts in order to get their hands on the asset amid fears of missing out on the rally. The precious metal has soared over the course of the year, storming to $4,381 (£3,308.64) this month, with [...]
St James’s Place continues on its path to redemption October 23, 2025 The UK’s leading wealth manager, St James’s Place, has continued on with its work to move past its 2024 downfall, reporting a “strong quarter” as funds under management hit record highs. Gross inflows increased to £5.7bn, a 30 per cent jump from the £4.4bn recorded the previous year, while net inflows jumped 98 per cent, [...]
Mattioli Woods: Wealth manager’s profit jumps after quitting London September 30, 2025 Profit at wealth and asset management business Mattioli Woods has jumped in the year after quitting the London Stock Exchange. The Leicester-headquartered business has reported a pre-tax profit of £14.2m for the 12 months to 31 May, 2025, new accounts filed with Companies House have revealed. The total is up significantly from the £1m it [...]
UK should be the destination of choice for Asia-based investors September 8, 2025 A new sun is rising in our relationship with our Asian partners. My message to them is clear: whatever you want to do, London can help you, writes Alastair King.