Ignites Europe

The Financial Times service covering the cross-border asset management industry in Europe.

[Ignites Europe @igniteseurope]

Neil Woodford has defended his actions over the spectacular collapse of his eponymous fund that left hundreds of thousands of investors out of pocket and says he does not deserve the "onslaught" of criticism he has received: https://t.co/u7YKmVeCFx

[Ignites Europe @igniteseurope]

Luxembourg's financial regulator has warned asset managers they will need to step up their oversight of asset valuations and breaches of investment rules: https://t.co/gfXK3L1cb3

[Ignites Europe @igniteseurope]

Join us for our upcoming webcast on 27 March. The webcast will shine a light on greenhushing and how the asset management industry can address the rising challenges of the changing sustainable investment environment. Register here: https://t.co/qiI556IOBo

[Ignites Europe @igniteseurope]

WATCH NOW: Rahul Manvatkar, partner at Linklaters, says new EU rules for loan origination funds undermine single market concept. Watch the full interview on Ignites Europe. https://t.co/10VvF3YSZ6

[Ignites Europe @igniteseurope]

Vanguard is preparing to launch a mobile phone app for UK customers that will allow them to invest in the firm's products, as the race to offer investors an enhanced digital experience heats up. Find the full story on Ignites Europe. https://t.co/dSdbrSLled

[Ignites Europe @igniteseurope]

MEPs are meeting to try to hammer out a compromise position in a bid to salvage the EU's troubled retail investment strategy: https://t.co/p3xSqPtIml

[Ignites Europe @igniteseurope]

Abrdn's £150m (€176m) cost-cutting plan has been met with scepticism by analysts, who say more radical steps might be needed as the full scale of the firm's recent outflows becomes clear https://t.co/R5hTr1nFF0

[Ignites Europe @igniteseurope]

BlackRock is to lay off around 3 per cent of its global workforce in the coming days, marking the latest round of job cuts at the world's largest asset manager: https://t.co/opznhxI653 #layoffs

[Ignites Europe @igniteseurope]

Read Ignites Europe's 2024 regulatory outlook below. https://t.co/1Jh7W3lGmR

[Ignites Europe @igniteseurope]

Almost 300 asset managers have suffered their worst year on record as underwhelming performance led to record outflows. Read this story on Ignites Europe. https://t.co/BWzTHg5lEk

[Ignites Europe @igniteseurope]

Asset managers are assessing whether to drop capabilities and products where they do not have the "right to win", as pressure to cut costs increases. Find the full article on Ignites Europe. https://t.co/4H94GF5ql1

[Ignites Europe @igniteseurope]

Invesco has staked out its position on sustainable investing, with a senior executive saying the firm does not take a "moral position" on companies in which it invests: https://t.co/OSrIDwyq2C

[Ignites Europe @igniteseurope]

Today's breaking news: The European Central Bank has mounted a last-minute intervention to try to convince EU policymakers to apply sustainability diligence rules to financial institutions including asset managers. Read the full story on Ignites Europe. https://t.co/GoZKjUiqQH

[Ignites Europe @igniteseurope]

Most popular this week: #ESG teams are feeling "demoralised", "depressed" and "overworked", forcing some fund professionals to take time out or leave the industry altogether, according to senior fund executives. https://t.co/E1HSTVzMev

[Ignites Europe @igniteseurope]

City chiefs have called for an overhaul of the UK's corporate governance and stewardship regime, describing the current landscape as "antagonistic" and "cultivating mistrust" between investors and companies https://t.co/cR35fOYXOa

[Ignites Europe @igniteseurope]

State Street Global Advisors is shaking up the structure and personnel in its client-facing #leadership team. Read the story on Ignites Europe. https://t.co/o6GgN9u4lw

[Ignites Europe @igniteseurope]

BREAKING NEWS: Lawyers say more certainty is needed on whether new SDR rules will apply to overseas funds. Read more at the link below. https://t.co/67hQ3i5aiB

[Ignites Europe @igniteseurope]

Fund professionals are feeling burnt out from reporting requirements for regulators, clients and industry bodies. Continue reading: https://t.co/LjFhxrafGX

[Ignites Europe @igniteseurope]

UK asset owners have called on asset managers to dismantle "failed status quo approaches to stewardship" after research found "significant" misalignment on proxy voting at oil and gas companies. https://t.co/k6WMLHFayi

[Ignites Europe @igniteseurope]

Every asset class suffered outflows in October, prompted by investors pulling money in the wake of the Israel-Hamas war. Read more here: https://t.co/mESMlyt2ym