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...Though it has left consumer banking, elsewhere Goldman has tried to build a massive wealth and asset management business that brings in steady fees....
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...The US has been pushing its allies to use €260bn of frozen Russian assets, mostly held in Belgium. But EU countries have been hesitant for fear of legal reprisals....
...Stefanie Drews, the head of Japan’s Nikko Asset Management, reflects on her career path and on the sector’s future working patterns....
...Rokos Capital Management, which manages about $16bn of assets, is up 8.8 per cent in 2024 to February 16. It told investors that the gains were largely driven by the recent sell-off in bond markets....
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...alliance The humbling of Crispin Odey Odey Asset Management was one of the last bastions of City old school....
...These are just a few of the characters, themes and stories playing out in our weekly newsletter, written by Asset Management Editor Harriet Agnew....
...“It’s a melting iceberg,” says Jonathan Godsall, a McKinsey consultant, adding that all of his asset management clients are debating what to do about mutual funds....
...Weightman is the unlikely figure behind what has been described as “one of the largest corporate raids” in asset management history, the FT reports....
...Read the full story here Chart of the week Liontrust was once a darling of the UK’s asset management industry, with chief executive John Ions presiding over an increase in assets from £1bn to £36bn in...
...CVC — which manages about €186bn in assets and this week confirmed plans to raise €1.25bn in an initial public offering on the Amsterdam stock exchange — has previously been active in the professional services...
...“The asset management industry is in too narrow a box and doesn’t think of the wider things it could do,” he added....
...Net client flows across its wealth and wholesale asset management arms rose to £1.1bn from £200mn the previous year, however £6.2bn was redeemed from its UK institutional asset management division, which...
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