Third of UAE clients not advised on sustainable investing
More information needed on how managers engage with companies
More information needed on how managers engage with companies
Goldman Sachs is now a rival due to its UK retail bank
Just over a third of FTSE 100 companies pay their UK staff a ‘living wage’
Schroders’ asset management arm delivered zero net new business over the first half of the year against what the firm said was a challenging time for markets.
BMO Global is launching an actively-managed fund in Hong Kong that invests in passive products, while Jupiter and Schroders have received regulatory approval to launch their own offerings.
Asset managers Blackrock and Schroders are the rumoured frontrunners to oversee £109bn ($144.3bn, €123.5bn) for Lloyd’s Banking Group (LBG), after its contract with Standard Life Aberdeen was terminated earlier this year.
Brewin reshuffles Edinburgh team, Schroders appoints from Blackrock and Singapore financial adviser PIAS hires chief executive from Prudential.
There is work to be done if the advice industry wants to be considered the premier source of information for people making retirement investment decisions around the globe.
Asset management firm Schroders has taken a minority equity stake in WeInvest, a Singapore based digital wealth adviser.
Climate change has landed major oil companies oil offside with a number of investors representing $10.4trn (£7.7bn, €8.8trn) worth of assets ahead of their annual general meetings (AGMs) over the next couple of weeks.
Schroders has confirmed the departure of a long-standing director in the Middle East, while OId Mutual Wealth’s adviser network Intrinsic has appointed an operations director and RBC Wealth Management targets adviser relationships with its latest recruit.
The assets Schroders manages of behalf of advisers’ clients has fallen by £3.1bn ($4.3bn, €3.5bn) in the first quarter of the year, according to its latest results.