Number of mandates under review over asset managers’ record is growing, consultants say
Plus, Bill Ackman’s big bet, Hong Kong shares outperform, and the call of Patagonia
The asset class is not the simple panacea that policymakers and investors might want
Deal with Proprium follows strategic review by L&G chief António Simões
Giving your finances a check-up can be vital for those who embarked on retirement on an unsustainable financial footing
AI, big data and distributed ledger technology can rewire the industry
Mandating UK equities in tax-free accounts would destroy any culture of investing we already have
The world is moving in the opposite direction to Berkshire Hathaway
Too heavy-handed approach risks sending a chilling message to investors
Industry executives warn against proposal ‘mandating’ companies to push more cash into economy
Farage & Co could make a big splash at the pool party
Chancellor Rachel Reeves threatens to mandate retirement schemes if they fall short of voluntary targets
Plus, Pimco’s warning, a US copper rush and the National Gallery’s rehang
Demand from retail funds has allowed big institutions to sell buyout stakes at attractive prices despite industry slump
Big institutional money managers said to trim US exposure on concerns over policymaking
Downing Street meeting looks at ways to revive sentiment towards London stock market
Australian asset manager highlights threat of pushback against renewable energy
Asset manager seeks to boost collaboration as companies roll back pandemic-era policies
Billionaire financier’s bid to emulate the Oracle of Omaha comes with some quirks
Promise is similar to a controversial enticement to University of California to halt a flood of redemptions
Plus, Trump adviser struggles to calm investors, the US economy contracts, and Edvard Munch at the National Portrait Gallery
Buyout firms’ difficulties in securing exits and distributing cash to investors are leading to mounting frustration
Mel Stride’s comments come as funds warn plans to make them invest more in UK could leave members worse off
Returns are likely to be lower in a world of weaker growth, higher interest rates and a slump in dealmaking
The key conversation in asset management now is around the new “neutral” level for portfolios
