Sanlam UK is to acquire Thesis Asset Management in a deal that will bring the firm’s private client discretionary assets...

Commerzbank and Deutsche Bank have terminated negotiations to merge their banking operations in Germany. The Frankfurt-based banks indicated they felt...

Luxembourg’s funds industry has welcomed progress in Brussels to remove barriers to the cross-border distribution of investment funds and said...

Asset manager Janus Henderson has poached Alex Barr from Aberdeen Standard Investments (ASI) to join its UK multi-asset and alternatives...

Fund managers and analysts are increasingly using environmental, social and governance (ESG) factors in their work and being paid more...

Pictet Alternative Advisors (PAA) is targeting European real estate with the launch of its latest fund for professional investors. The...

Karine Hirn, a founding partner of Swedish asset manager East Capital, has become the firm’s first chief sustainability officer. The...

Fund manager Baillie Gifford is to transfer assets from its investment trust savings scheme to financial adviser Hargreaves Lansdown in...

Withdrawals from hedge funds surged in March even though investors were seeing returns of up to more than 5%. Hedge...

BNY Mellon has hired a former senior product manager from a rival custody bank to work in a newly created...