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1 week ago | 
citywire.com | Natalia Vasnier |Dylan Lobo |Nour Azhar |Katie Gilfillan
A former Janus Henderson analyst has been found guilty of insider trading, which netted him an his sister £1m. Redinal Korfuzi, 38, who worked as a research analyst for the fund manager, was convicted of money laundering and insider trading alongside his sister Oerta Kortfuzi, 36, at London’s Southwark Crown Court on Thursday.
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1 week ago | 
citywire.com | Sophie Downes |Dylan Lobo |Katie Gilfillan
HSBC Asset Management has appointed Dan Rudd as CEO for the UK. Rudd (pictured) will also be head of UK wholesale for the bank’s asset management arm. He is currently head of wholesale for Northern Europe. In his new dual role, Rudd will report into Thorsten Michalik, who is CEO Europe, UK and Americas for HSBC Asset Management. Already have an account? Which of the following best describes your role?
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1 week ago | 
citywire.com | Dylan Lobo |Miles Costello |Natalia Vasnier |Katie Gilfillan
Brad Jacobs has profound tinnitus in both ears. And what’s more, he says he loves it. Not only has the billionaire entrepreneur actively embraced the condition as part of his life philosophy, but he actually claims it enhances his enjoyment of his second-biggest passion: playing and listening to music.
Jacobs revels in the fizzes and pops that dance around his inner ears – to him it’s like the harmonies, riffs and rhythms that characterise the improvisations in his beloved discipline of jazz.
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1 week ago | 
citywire.com | Ross Miller |Himanshu Singh |Natalia Vasnier |Katie Gilfillan
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1 week ago | 
citywire.com | Ross Miller |Himanshu Singh |Natalia Vasnier |Katie Gilfillan
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Feb 21, 2025 | 
citywire.com | Katie Gilfillan |Jennifer Hill |Dylan Lobo
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Dec 11, 2024 | 
citywire.com | John Schaffer |Laura Ventom |Katie Gilfillan |David Galbraith
Barclays is aiming to ramp up its capabilities in alternative investments, saying it has ‘gaps’ in this area for its private banking clients.
In a presentation on Wednesday, private banking and wealth management CEO Sasha Wiggins said the bank needs to have a wider investment universe in alternatives.
‘This is an asset class which has been fast growing and where our clients are underweight relative to the industry,’ she said.
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Dec 11, 2024 | 
citywire.com | Sophie Downes |Phil Oakley |John Schaffer |Katie Gilfillan
This is the third and final part of our review of the Citywire Elite Companies Asia top 10. Read part one and part two.
A new tariff-touting US president could create problems for Asia’s exporters and the region’s economic growth. However, president-elect Donald Trump’s policies may also have positive economic implications by encouraging China to pursue more aggressive economic stimulus following a recent step-up.
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Dec 11, 2024 | 
citywire.com | Charles Walmsley |Sophie Downes |John Schaffer |Katie Gilfillan
Barclays plans to hire 100 wealth managers in the UK over the next two years under plans to win over a bigger slice of the mass affluent market.
Sasha Wiggins, CEO of Barclays Private Bank and Wealth Management, set out the hiring target on a webinar held for institutional investors and media.
‘There’s an opportunity for us here in the mass affluent segment. If we can capture even a fraction of these UK customers, we will scale our UK business considerably,’ she said.
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Dec 11, 2024 | 
citywire.com | Sophie Downes |John Schaffer |Katie Gilfillan
It’s been a pretty impressive period for US small caps, with the Russell 2000 up nearly 29% over a year – not far behind a scintillating S&P 500.
But unlike products in the US large-cap space, this is an area where going active has actually paid off: top funds in the space have outperformed by quite some margin.
At the end of September, 62% of active US smaller companies funds had beaten indices over a three-year period, with outperformance rates notably up since 2021.
