Morningstar: M&A is not the magic bullet asset managers think it is
Consolidation often burdens firms with more integration challenges than it does scale and fee benefits
Consolidation often burdens firms with more integration challenges than it does scale and fee benefits
Most investors fled volatile markets in the wake of Trump’s tariff, but others took advantage of depressed US valuations
He named Greg Abel as his successor, who had no idea Buffett was going to make the announcement
‘The era of no allocation to private markets will come to an end’ as wealth investors up their exposure over the next five years
Even long-standing support from Europe was retracted, marking the region’s first quarter of divestment since 2018
Alex Gresh has led multiple firms through transitional stages such as Cazoo and Sportsradar
These four funds delivered top returns despite having the lowest maximum drawdowns, negative periods and volatility
Investors removed £1.4bn from UK equity funds in February while adding £496m to increasingly volatile US funds
Downgraded economic forecasts, increased defence spending and cuts to welfare were a few of the developments
OBR cuts GDP expectations amid elevated global uncertainty
It will automate roles undertaken by employees, but some expressed ‘nervousness around consumer protections’
The central bank followed the Federal Reserve in remaining cautious as Trump threatens global tariffs