Latest News - Andrew Jones
Invesco seals $5.7bn deal for OppenheimerFunds
Invesco is to acquire OppenheimerFunds in a deal projected to boost Invesco to over $1.2 trillion in assets under management.
UPDATE: Janus Henderson co-CEO Andrew Formica to exit
Dick Weil takes over as sole chief executive of Janus Henderson, with Andrew Formica set to depart at the end of the year.
Fidelity names global head of asset management
Bart Grenier is a veteran of Fidelity International’s US sister company Fidelity, having had three spells with the firm, which he first joined in 1991.
Vanguard CEO Bill McNabb to step down
Vanguard has chosen its chief investment officer, Tim Buckley, to replace McNabb as chief executive at the beginning of 2018.
Morgan Stanley fined $8m for ETF suitability blunder
Morgan Stanley has agreed to pay an $8 million fine to the Securities and Exchange Commission, in regards to its unsuitable recommendation of inverse ETFs.
T. Rowe Price head of asset allocation retires
Veteran investor ends long-running stint with US asset management firm with co-head taking on sole responsibility.
Aberdeen AM hit by four fixed income departures
Heads of US core fixed income, core plus and municipals, as well as a senior investment manager exit the asset manager.
Bill Gross to manage total return strategy at Janus
Bond veteran set to return to running a total return bond strategy, two years after he left Pimco.
Fed holds rates but edges closer to December hike
The Fed held rates for September but said to expect one increase before the end of the year. However, not every fund manager is convinced.
A 'most interesting time': Inside eight wealth managers' minds
At our Wealth Manager Conference and Awards ceremony last week senior industry figures told us what is really on their minds
Revealed: Gars pain grows with £17.2 billion blow
We've crunched the data ahead of Aberdeen Standard's results tomorrow and it is not looking good for the multi-asset strategy.
IWD 2019: the unpalatable truth about the gender pay gap
Initial results are not encouraging: based on the reports filed so far the gender pay gap widened by 1%