UK asset manager Man Group has announced long-term chief executive Luke Ellis will retire later this year with current president Robyn Grew set to take the top job.
Artemis, a UK-based asset management company, has appointed Northern Trust for a range of “whole office” asset-servicing functions across UK and Luxembourg-domiciled funds.
Hundreds of ETFs holding €270 billion in assets under management were downgraded from Article 9 to Article 8 under the EU sustainable investment rules, according to sustainability data provider Matter.
The Institute for European Environmental Policy (IEEP), a "green think tank", has raised concerns over the EU’s classification system for sustainable finance, saying policymakers were trying to "sneak in"& biodiverisity offsetting.
Credit Suisse’s chief executive officer will join the executive board of UBS ahead of the Swiss Bank’s planned takeover of Credit Suisse.
UK asset manager Liontrust has announced plans to acquire Swiss global investment firm GAM Holding in a £96 million deal, creating a group with £53 billion in assets under management.
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