Loukia Gyftopoulou

A decade into her reign, Johnson is reasserting control over the US fund giant's London outpost. Heads are rolling.

BlackRock Inc. Vice Chairman Philipp Hildebrand said there's an implicit recognition of higher neutral rates in US Federal Reserve policy as inflation remains sticky on persistent supply constraints.

BlackRock Inc. Vice Chairman Philipp Hildebrand said there’s an implicit recognition of higher neutral rates in US Federal Reserve policy as inflation remains sticky on persistent supply constraints.

(Bloomberg) -- Pressure at regional banks, a continuing downturn in US office prices and elevated interest rates have money managers piling back into bearish wagers on one of their favorite sectors: commercial property.

(Bloomberg) — Pressure at regional banks, a continuing downturn in US office prices and elevated interest rates have money managers piling back into bearish wagers on one of their favorite sectors: commercial property.

Investors have been rattled in recent weeks by lenders including New York Community Bancorp. setting aside larger provisions for property-loan losses.

The kingdom is plowing billions into infrastructure and investments—and Larry Fink is out to make sure the asset management giant gets a share

Clients at Jupiter Fund Management Plc yanked a net £1.6 billion ($2 billion) from its funds in the first quarter of 2024 as the asset manager continues to grapple with years of outflows.

Abrdn Plc reported client inflows and an uptick in assets under management during the first quarter of the year, signaling an improvement in performance at the troubled money manager.

Schroders Plc Chief Executive Officer Peter Harrison is planning to step down in 2025 and the money manager is soon set to kick off a search for his successor.