coronavirus microblog
Investment Association unveils new platform to address cyber crime amid Covid-19
The Investment Association (IA) has launched a new intelligence platform to enable investment managers to combat cyber risks. The new platform…
Net inflows rise at AJ Bell even as Covid-19 hits AuA
British stockbroker AJ Bell has registered a rise in net inflows and customer numbers though the market turbulence caused by…
AMP AuM slips on Covid-19 turmoil
AMP has reported a fall in its wealth management assets under management (AuM) due to market turbulence triggered by the…
Profits rise for Credit Suisse in Q1 2020 despite Covid-19
Credit Suisse recorded CHF1.2bn ($1.23bn) of pre-tax income in Q1 2020, a 13% rise year-on-year, despite the challenge of Covid-19.…
Northern Trust undeterred by Covid-19 and registers rise in net income
American asset manager Northern Trust remained undeterred by the Covid-19 global health crisis, managing to post a 4% increase in…
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Covid-19 related market turbulence drags down profit at BlackRock
American asset manager BlackRock has reported a fall in profit and a fall in assets under management (AuM) as invested…
Man Group AuM plummets 11% in Q1 amid coronavirus
British hedge fund manager Man Group has reported that its assets under management (AuM) declined 11% to $104.2bn in the…
WH Ireland confirms interest in Cantor Fitzgerald
In an official announcement, the WH Ireland Group has confirmed it is in discussion with Cantor Fitzgerald Europe over a…
State Street reports 25% surge in Q1 2020 net income
In a welcome sign among Wall Street firms amidst the Covid-19 pandemic, State Street has reported a 25% jump in…
Schroders CEO to donate quarter of salary to Covid-19 relief efforts
Schroders group CEO Peter Harrison and executive directors have agreed to donate a quarter of their annual salary and 2020 long-term incentive…