German asset manager DWS is reportedly planning to rebrand the company in a bid to attract more large institutional clients. According to a Bloomberg report, the Frankfurt-based firm will be known as Deutsche Asset Management, reflecting its status as the... See more
The UK’s financial watchdog, the Financial Conduct Authority (FCA), has issued its long-awaited report into the impact of AI on retail financial services, including investment funds. The Mills Review, described by the FCA as the first work of its kind to ... See more
UK asset manager Schroders has agreed to the sale of Benchmark, its UK-based financial advice business, as part of a reshaping of its wealth management business. Benchmark has been sold to Nordic wealth manager Söderberg & Partners for an undisclosed ... See more
Danish asset manager Climentum capital has raised €60 million for the first close of its second climate-focused fund. The Climentum Capital Fund II, an article 9 VC fund focused on climate tech startups, is targeting €100 million in capital. The fund has ... See more
Monetary policy frameworks must adapt to the ongoing development of tokenisation and the likelihood that risk will migrate from banks’ balance sheets to service providers and market infrastructures. This is the warning that has been issued by the Internat... See more