China is seen as the jewel in the asset manager’s crown after foreign ownership restrictions in the industry were relaxed in April. Global firms including BlackRock, Fidelity International and Vanguard have applied to set up wholly-owned mutual fund units in China, hoping to tap the country’s fast-growing USD2.6 trillion retail fund market.
The European asset management industry is back on track for another year of growth, according to industry body The European Fund and Asset Management Association (EFAMA) – with assets under management rebounding strongly after being hit by the coronavirus crisis in the first quarter of 2020.
Financial stability across the world could be under threat from climate change, with the Financial Stability Board (FSB) warning that environmental deterioration could hit asset prices, financial liquidity, and borrower creditworthiness.
A coalition of investors including Fidelity International, Aviva Investors, and Nomura, with a total of EUR1.8 trillion in assets under management, are calling on companies to end deforestation in their supply chain and improve transparency.
“A better way to invest”: Big Society Capital’s Sir Harvey McGrath says structural change is coming to the asset management industry
At a time when governments around the world are burning through billions attempting to rescue citizens from the financial pain of coronavirus, which has created severe crises in healthcare and employment, Big Society Capital says there is a crucial opportunity to use private money to fund social causes.
The asset management industry has reached a critical period for nurturing gender diversity, industry experts have advised, as investment firms choose how they will adapt to new challenges caused by the coronavirus pandemic.
Wave of consolidation in asset management expected to increase pressure on ‘squeezed’ mid-size firms
A new wave of consolidation has started sweeping the asset management industry, and is expected to accelerate as sharper fee compression and rising costs turn up the pressure on investment firms.
Institutional investors are spending 30 per cent of their time on tasks that do not add value to the investment process, including searching for documents on shared drives, and typing up handwritten notes from meetings.
Japanese equities “overdue for re-evaluation” as better corporate governance opens growth opportunities
The tide may be starting to turn for Japanese equity funds, as Japanese companies’ cash-rich balance sheets and improvements in corporate governance reduce scepticism from global investors.
The Bank of England has fuelled speculation over whether it will introduce negative interest rates in the UK by asking banks to detail how ready they are to deal with rates going negative.
A mentoring programme has been launched to address the “striking absence” of senior Black professionals at all levels in investment management, by bringing together experienced Black managers with chief executives and chief investment officers from across the industry.
The investment industry needs to go beyond measuring impact, says The Thinking Ahead Institute, and instead focus on linking those metrics back to the process of creating value for stakeholders.
The world’s five largest asset management companies, BlackRock, Vanguard, UBS, State Street, and Fidelity International, hold USD22.5 trillion in assets combined, which is higher than the GDP of the United States.
Institutional investors allocated USD220.5 billion to fixed income strategies in the third quarter of 2020, with most of this going toward US bond managers, as rising coronavirus cases and the run-up to the US election kept appetites for risk low.
UK pension funds urged to step up infrastructure investing to boost long-term economic sustainability
Pension funds in the UK are being urged to step up their infrastructure investment, as speakers at a pensions conference this week emphasised the need to preserve the long-term sustainability of the UK economy.
By Francesc Balcells, CIO of EM Debt at FIM Partners, an institutional asset manager focused on emerging markets.
The FED and other central banks launch massive asset purchases, equities and global bonds rally, the market piles on inflation hedges, industrial commodities strengthen, and the dollar dips.
Diversity and inclusion have become a priority for institutional investors in the UK, two thirds of which say their firms are excluding companies from their investment portfolios if they fail to meet certain thresholds.
Arisaig Partners made a bold foray into impact investing in emerging markets by launching its new public equities fund, the Next Generation Fund, in early September.
By Matthew Chapman (pictured), Director, ACA Compliance Group – Geopolitical change and uncertainty, regulatory sabre-rattling and industry shake-ups have combined to create a perfect storm for many financial services firms when it comes to their trade and transaction reporting obligations under MiFIR, EMIR and SFTR.
Join this webinar, co-hosted by Intralinks and Institutional Asset Manager, for a lively discussion on the outlook for various DCM segments and factors impacting performance and appeal.
Written by Gareth Davies MP, who was elected as Member of Parliament for Grantham and Stamford in 2019, and formerly served as director of a global asset management firm.
World’s largest asset owners adopting ‘ESG3.0’ strategies as growth continues, says The Thinking Ahead Institute
The world’s 100 largest asset owners grew by 6 per cent last year to reach USD20.1 trillion, according to research from The Thinking Ahead Institute (TAI).