13 h. ago International Finance and Restructuring Leader Joins McDermott in London, Expanding Global Finance Offering

International Finance and Restructuring Leader Joins McDermott in London, Expanding Global Finance Offering  McDermott Will & Emery

Politics

19 h. ago London's TwentyFour Asset Management Expands Offering With ABF Fund

London's TwentyFour Asset Management Expands Offering With ABF Fund  Crowdfund Insider

Politics

48 h. ago HMRC expands Help to Save scheme to half a million more people in major rule change

The government's Help to Save scheme, which offers a 50 per cent bonus on savers' money, has been expanded to include an extra 550,000 people - here's everything you need to know

Politics

1 week ago The dollar system has always been vulnerable to presidential whim

But only now are asset managers beginning to reconsider the story of America as an inexhaustible well of safe bets

Politics

1 week ago Larry Fink points to clients’ anxiety about markets as BlackRock inflows slow

First quarter profits at world’s largest asset manager have fallen

Politics

2 w. ago Quant hedge fund Renaissance suffers steep losses in tariff tumult

Computer-driven asset manager’s institutional equity strategy down 8% in April

Economics

2 w. ago BlackRock’s Larry Fink warns US economy is ‘weakening as we speak’

Head of world’s biggest asset manager says market ructions are ‘impacting Main Street’

Events

3 w. ago Asian markets plunge as world reels from Trump tariff announcement – business live

US president has announced aggressive tariffs targeting US allies on what he has dubbed ‘liberation day’Full report: Trump announces sweeping new tariffs, upending decades of US trade policyAnalysis: Trump’s wall of tariffs is likely to raise prices and cause chaos for businessUS futures have fallen sharply, with the Dow Jones dropping 2.4% at around 2345 GMT, the Nasdaq index plunging 4.2%, and the broader futures index for the S&P 500 falling 3.5%. AFP reports:Wall Street has largely suffered from Trump’s various trade announcements in recent weeks.“The silver lining for investors could be that this is only a starting point for negotiations with other countries and ultimately tariff rates will come down across the board,” Northlight Asset Management’s Chris Zaccarelli wrote in a note to clients. Continue reading...

Economics

3 w. ago Wilko: homeware, garden furniture, paint retailer makes UK return with Deliveroo service

The retailer is back and expanding across the UK, offering home essentials 🏡

Society

3 w. ago World markets and US dollar suffer worst monthly losses since 2022 as Trump trade war riles investors – business live

Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nationsWall Street shrinks in response to price pressures, stoking fears of Trump tariffsEurope’s main stock indices are a sea of red, as investors react to Donald Trump’s declaration that the reciprocal tariffs he is set to announce this week will include all nations.Italy’s FTSE MIB index has dropped 1.4%, France’s CAC is down 1%, and Germany’s DAX has lost 0.95%.The tariffs imposed by the U.S. government and the fear of new announcements as early as Wednesday are creating a bleak atmosphere on trading floors worldwide. Just last Wednesday, the DAX was above 23,000 points, but it now appears that the index may soon test the 22,000 mark.The risk appetite seen in the initial weeks of the year has dissipated as investors and asset managers pull back, reduce positions, and refrain from taking on large new ones. The inclination to buy the dips has nearly vanished. Continue reading...

Economics

3 w. ago Active ETFs: a lifeline for Europe’s struggling asset managers?

Growth has been rapid, but from a low base, and big US rivals already dominate the market

Politics