Hints and tips:
Related Special Reports
...JPMorgan Asset Management and State Street Global Advisors both confirmed they were leaving Climate Action 100+....
...Months later, he launched activist fund shop Strive Asset Management, promising it would use its shareholder clout to lobby against corporate ESG agendas....
...(Patrick Temple-West) INVESTOR ALLIANCES Asset owners up the ante Climate-focused investor alliances have had a difficult time of late, notably with the exit of major asset managers including State Street...
...Those days are long behind us.”...
...Roaring equity markets and the popularity of a new spot bitcoin exchange traded fund powered BlackRock to record assets under management of $10.5tn and net income that rose by more than one-third....
...Under Buckley, Vanguard’s reach expanded to more than 50mn clients and assets under management rose 80 per cent....
...BlackRock has scaled back its commitment to Climate Action 100+ while State Street, JPMorgan Asset Management, Pimco and Invesco have withdrawn entirely....
...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...
...Anyway, here’s the lowdown on asset management for this week. You’ll be back in Harriet’s capable (and tanned) hands next time....
...But MSCI says that asset-based fees only accounted for 38 per cent of its indexing revenues, despite being probably the biggest benchmark provider for BlackRock (for long-standing historical reasons)....
...Fundsmith’s assets under management dropped from £28.9bn at the end of December 2021 to £23.7bn two years later....
...At the end of December, index funds and ETFs accounted for $6.6tn in assets under management, two-thirds of BlackRock’s $10tn in assets....
...Mutual funds have enabled millions to invest in the stock market since they were introduced 100 years ago, but newer, nimbler products are reshaping asset management....
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
...The rally following the SEC’s long-awaited spot bitcoin ETF approval has been so positive that the net assets in Grayscale’s ETF have nearly recovered since its conversion, which allowed long-term holders...
...US companies have long been outliers in having their chief executives also serve as chairs of the board....
...The Global Sustainable Investment Alliance, a membership organisation including both active and passive funds, estimates that $30tn is invested in sustainable assets worldwide....
...alliance The humbling of Crispin Odey Odey Asset Management was one of the last bastions of City old school....
...“Much of the friction of understanding bitcoin and doing the work on bitcoin asset managers was done in 2021,” reckons Steve Kurz, global head of asset management at Galaxy, referring to the private bitcoin...
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...BlackRock has been the main beneficiary of the era of US spot bitcoin exchange traded funds — a move its presence helped to bring about — and has attracted nearly $19bn assets under management, according...
...“We need these [asset management] companies to be acting on the right side of history. We need them to be helping lead the charge in the way that they were,” he said....
...BlackRock has long been light in alternative asset classes such as infrastructure....
...You simply pick the one that best maximises long-term shareholder wealth. But management is not accounting....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
International Edition