News
Deutsche Bank eyes €1.8bn asset management IPO
Deutsche Bank has set a price of €7.2bn (£6.4bn, $8.9bn) on its asset management arm, DWS, as it details the price per share for its partial listing on the subsidiary.
Australia’s Macquarie Group to buy Luxembourg asset manager
The investment management division of Macquarie Group is to acquire Luxembourg-based ValueInvest Asset Management for an undisclosed sum.
Best Practice | news 12 Mar 18
FCA: Regulations ‘only go so far’ in changing culture
Regulation is only “one piece of the puzzle” in addressing financial services culture, according to the UK Financial Conduct Authority (FCA), which has released a paper it hopes will create debate and promote a positive change in the industry.
Investment | news 12 Mar 18
How to prosper in a low-margin environment
The asset management industry is facing significant new challenges and active managers need to adapt or risk irrelevance, according to an expert at PwC.
Best Practice | news 12 Mar 18
40% more hit with lifetime allowance tax bills
Increasing numbers of middle income earners in the UK are being hit by the reduced lifetime allowance (LTA), with a 40% increase in people triggering an extra tax charge in tax year 2016/17, according to Old Mutual Wealth.