Plus, ECB warns on shadow banking, pension plan fees, and Sir Henry Raeburn’s portraits
Intervention complicates move to clear up long-standing legal issues tied to Credit Suisse
Preqin acquisition gives access to data but does not solve problems such as illiquidity of assets, say industry observers
The tailwind of freakishly loose monetary policy is now over
The sector has expanded from a small number of groups to about 15,000 offices worldwide and an estimated $5.9tn in assets
Investors have pulled nearly $2bn from the group’s flagship ETF
A very complex question
Earnings appear to indicate end to 10 years of stagnation on continent
Analysis reveals some schemes pay up to 14 times more for the same product than rivals
Manager says it plans to capitalise on growing European demand for the products
We examine the pros and cons of footwear collecting craze
UK asset management group hires Andrew Chorlton from Schroders as replacement
Plus, Blackstone’s ‘circular’ credit risk deals, active bond ETFs boom, and the Yoshida dynasty at Dulwich Picture Gallery
Most have lagged behind their relevant Morningstar indices, so investors should be clear what they are investing in and why
Only two climate-related proposals received majority support this year, and no diversity initiative cleared 50%
An industry that has been hoovering up mathematicians to devise new trading strategies is now leaning on political scientists for guidance
How investors should adjust the traditional 60/40 investment split
Britons need urgent help with their long-term savings
Sale of Preqin for £2.5bn has catapulted founder Mark O’Hare into ranks of Britain’s wealthiest people
More than half of their assets in the US are allocated to the funds, the research consultancy says
Funds have been aided by retail interest, particularly among younger investors
Consolidating funds should unlock cheaper ways to allocate to so-called productive finance
Innovative funds are designed to deliver ‘predictable’ monthly cash flow to investors
World’s biggest asset manager attempts to balance the demands of European and US clients on decarbonisation
Performance of Ken Griffin and Izzy Englander’s funds extends profitable run for best-known multi-managers