US fund manager has become a warning of what happens when exotic products do not go to plan
Jenny Johnson’s warning comes amid a sell-off in buyout shops and private credit lenders that have bet heavily on tech
Schools increasingly rely on investment proceeds to pay for operations amid squeeze on campus budgets
Plus, Saba’s offer for Blue Owl funds, European inflows soar and Seurat at the Courtauld
iShares’ sale to BlackRock holds lessons for the UK
Ancient Financial enters crowded market to manage assets for US retirees
Richard Oldfield says there is ‘no reason to think’ the business will be sold after deal with US fund manager Nuveen
Government has encouraged retail traders to buy domestic equities
Boaz Weinstein’s investment vehicle launches offer as private credit group is seeking to shore up investor confidence
Higher rates and frozen thresholds are pushing more higher earners towards the niche investment vehicle
European pension funds try an approach pioneered in ancient Greece
Even in a competitive, performance-driven industry, female and minority managers are paid less and are more likely to be fired
AI is already smarter and more knowledgeable than all financial advisers
Push to support chancellor’s ‘nation of investors’ plan divides financial services industry
We read proxy statement so you don’t have to
Two funds build exposure to Elon Musk’s SpaceX that exceeds 15%
New York investment group backtracks from earlier plan to reopen to withdrawals
Goodbye 2025; hello, 2026
The fund is in surplus after a period of high interest rates, but it is heavily invested in risky assets
Hedge fund manager’s digital asset strategy stung by ‘terrible year’ for cryptocurrencies
Plus, UK wealth shares drop, fears of a credit bubble and Pulp at End of the Road
Sectors including wealth management and trucking have been hit with sudden share price declines
Along with SG Warburg, the asset manager played a pivotal role in London’s financial growth
Central bank researchers suggest patchwork of national regulation risks ‘supervisory blind spots’
The asset manager was among the last holdouts in the City of London to remain under UK ownership
