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Related Special Reports
...Fraser told investors last month that the wealth management business “isn’t where it needs to be”....
...These are just a few of the characters, themes and stories playing out in our weekly newsletter, written by Asset Management Editor Harriet Agnew....
...Dell’s family office, DFO Management, has agreed to provide the first outside capital to 5C Investment Partners....
...over hedge fund Rokos after losing bond bets Citadel’s Ken Griffin warns against hedge fund clampdown to curb basis trade risk UK regulator to launch review of private market valuations 10 of our best scoops...
...Whenever there’s a study that dunks on active portfolio management, we’ll be here to cut and paste. Today’s active management dunk comes from Morningstar....
...One scoop to start: Somerset Capital Management, the boutique fund manager co-founded by Tory MP Sir Jacob Rees-Mogg, is to wind down after large client redemptions made the business unsustainable....
Passive beneficiaries, aggressive margins
...Anyway, here’s the lowdown on asset management for this week. You’ll be back in Harriet’s capable (and tanned) hands next time....
...One scoop to start: Uber chief executive Dara Khosrowshahi has received options to buy stock worth about $136mn after hitting a performance target to secure a $120bn valuation for the ride-hailing company...
...One scoop to start: H2O Asset Management’s auditor has warned that the firm’s accounts “do not give a true and fair view” of its financial position, handing the once high-flying investment group a rare “...
...CBOE’s BZX equities exchange features in the second chart because of just one stock, CBOE Global Markets Inc. None of this constitutes a scoop, we’ll be honest, but it’s a Friday....
...Fundsmith’s assets under management dropped from £28.9bn at the end of December 2021 to £23.7bn two years later....
...He or she has to be kept happy because of the money they bring in, but nobody in their right mind would put someone like this in a management role....
...Ann Francke, chief executive of the Chartered Management Institute, says the videos can be a “wake-up call to leaders about potential management shortcomings”....
...One scoop to start: Can you trade the markets without the help of the ubiquitous Bloomberg terminal? Abrdn seems to think so....
...Power Points Exclusive: Almost no Russian oil is sold below $60 price cap Glencore consortium seals $9bn deal for Teck’s coal business IEA says oil market to return to surplus in 2024 Ørsted shakes up management...
...He has told potential clients he is now aiming to launch Jain Global with $5bn-$6bn of assets, Costas Mourselas, Ortenca Aliaj and I explore in this scoop....
...Iqbal Khan, UBS’s 48-year-old head of wealth management, is in the spotlight....
...Two scoops to start: US private equity group General Atlantic has agreed to buy London-based infrastructure fund manager Actis, confirming a previous Financial Times report....
...About £47bn — 30 per cent — of SJP’s assets under management were subject to exit penalties as of June this year. Read the full report here....
...The opening of primary market retail gilt access comes as private investors have piled into gilts trading in the secondary market over the past 18 months as investors have rushed to scoop up higher yields...
Reorganisation takes aim at money management industry’s poor record of innovation
...Three scoops to start, first: ByteDance’s US investors are reviewing a range of options to address US government concerns over TikTok while salvaging their investments, including steps to take voting control...
...The GIP purchase will immediately double BlackRock’s management fees from private markets, underscoring that Fink has found the headline grabbing deal he has been seeking....
...Bitcoin ETFs from iShares, Fidelity and Cathie Wood’s Ark Investment Management have taken in the most new cash since their launch, while similar products from Wisdom Tree, Valkyrie and Franklin Templeton...
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