David Ricketts

London

Asset Management Correspondent at Financial News

Asset management correspondent @financialnews @dowjones | Author: When the Fund Stops, detailing the rise & fall of Neil Woodford | School governor

Articles

Amundi, UBS, State Street hit as investors pull almost €5bn from US stock ETFs

2 days ago | fnlondon.com | David Ricketts

Amundi, UBS, State Street hit as investors pull almost €5bn from US stock ETFsEuropean investors have retreated from US stocks since the start of AprilTuesday 22 April 2025 at 07:00Amundi, UBS and State Street have suffered the largest outflows from ETFs offering exposure to US stocks, prompted by the onset of Donald Trump’s trade tariffs. According to data from Morningstar, Europe-domiciled ETFs exposed to US-listed companies recorded outflows of €4.8bn between 2 April and 14 April.
Why Aberdeen, Polar are bullish on Europe, and Barings CEO on art of the private markets deal

1 week ago | fnlondon.com | David Ricketts

Why Aberdeen, Polar are bullish on Europe, and Barings CEO on art of the private markets dealThis week’s asset management news, all in one placeThursday 17 April 2025 at 11:26Quarterly results calls are always useful events to gain insight into what is top of the agenda for chief executives. As markets continue to reel in the wake of Donald Trump’s trade tariffs announcement earlier this month, last week was the turn of BlackRock boss Larry Fink to provide his assessment.
Aberdeen, Polar Capital signal ‘turning point for Europe’ in wake of US tariffs

1 week ago | fnlondon.com | David Ricketts

Aberdeen, Polar Capital signal ‘turning point for Europe’ in wake of US tariffsInvestors echo recent comments from BlackRock CEO Larry Fink that Europe could emerge as a ‘better destination for capital’Wednesday 16 April 2025 at 23:00City fund managers are bullish about potential investment opportunities in Europe following Donald Trump’s trade tariffs, echoing comments by BlackRock boss Larry Fink that the region could benefit from a re-allocation of capital from the US.
BlackRock rejigs global emerging markets team with new London and Hong Kong units

1 week ago | fnlondon.com | David Ricketts

BlackRock rejigs global emerging markets team with new London and Hong Kong unitsChanges see the creation of two separate teams to oversee the asset manager’s emerging markets capabilities from Asia and the UKWednesday 16 April 2025 at 10:28BlackRock has overhauled its global emerging markets team, splitting it into two separate entities in Asia and the UK.
I’ll continue fight against FCA’s fund collapse findings

1 week ago | fnlondon.com | David Ricketts

Neil Woodford: I’ll continue fight against FCA’s fund collapse findingsFormer star fund manager said appeal against a warning notice issued by UK regulator last year has been ‘a long fight and it will go on’Monday 14 April 2025 at 11:28Neil Woodford, the former star fund manager whose investment empire imploded almost six years ago, has vowed to continue “fighting the case” against a warning notice issued by the Financial Conduct Authority last year.
Barings boss Mike Freno on the art of the private markets deal

1 week ago | fnlondon.com | David Ricketts

Barings boss Mike Freno on the art of the private markets dealWhile many asset managers have just started pushing into private markets, Barings has been for 175 years. Its CEO explains what works, and what doesn’tSunday 13 April 2025 at 23:00“Everyone needs to go in with eyes wide open,” Barings chief executive Mike Freno says, referring to the wave of private markets M&A activity that has swept through the asset management sector.
Meet the Rising Stars of fund management

1 week ago | fnlondon.com | David Ricketts

Meet the Rising Stars of fund managementThis week’s asset management news, all in one placeThursday 10 April 2025 at 12:30
‘This isn’t Wall Street versus Main Street’

1 week ago | fnlondon.com | David Ricketts

BlackRock’s Larry Fink on US tariffs: ‘This isn’t Wall Street versus Main Street’US asset management boss says clients have been focused on increasing their allocation to both fixed income and equitiesFriday 11 April 2025 at 13:44BlackRock chief executive Larry Fink said there have been no knee jerk reactions from its clients to recent market turbulence sparked by US tariffs.
Newton Investment Management lags UK peers on gender pay gap

1 week ago | fnlondon.com | David Ricketts

Newton Investment Management lags UK peers on gender pay gapBNY-owned fund management group has the highest gender pay gap among its UK rivals, according to FN analysisThursday 10 April 2025 at 23:00Newton Investment Management, the BNY-owned fund management business, has the biggest gender pay gap among its UK peers, analysis of more than 20 firms by Financial News has found.
BlackRock assets hit new high despite ‘uncertainty and anxiety’ over markets

1 week ago | fnlondon.com | David Ricketts

BlackRock assets hit new high despite ‘uncertainty and anxiety’ over marketsUS asset manager pulled in $84.2bn of net inflows between January and MarchFriday 11 April 2025 at 10:55BlackRock, the world’s largest fund group, posted a slight increase in assets under management during the first three months of the year, despite a slowdown in inflows compared to the previous quarter.