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United States

Carolyn Cohn

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Aug 11 2017

JP Morgan Asset Management says will absorb research costs due to MiFID-II

LONDON JP Morgan Asset Management said on Friday that it will absorb the cost of paying brokers for investment research rather than pass it on to its clients when new European regulation comes in next year.

Aug 11 2017

Old Mutual to list not sell businesses next year in break-up

LONDON Anglo-South African financial services group Old Mutual aims to list two divisions rather than sell them as it pursues a plan to split into four parts by the end of next year.

Aug 10 2017

Insurance veteran Cowdery raising money for Bermuda fund: sources

NEW YORK/LONDON British insurance entrepreneur Clive Cowdery is raising money for a fourth investment vehicle, at the same time as his third, U.S.-focused fund is being wound down and its sole asset put up for sale, sources aware of the matter told Reuters.

Aug 10 2017

Prudential merges UK fund management with insurance in cost drive

LONDON Britain's Prudential moved to fend off competition from passive funds on Thursday, merging its M&G asset management and UK and European insurance businesses to save costs and improve its products.

Aug 10 2017

Lower life expectancy boosts Legal & General profit, shares fall

LONDON A drop in life expectancy has enabled Legal & General to release reserves against mortality risk, it said on Wednesday, driving first-half profits up by an above-forecast 27 percent.

Aug 09 2017

UK bulk annuities may top 10 billion pounds in 2017 - report

LONDON The bulk annuity market in Britain was worth nearly 5 billion pounds in the first half and may top 10 billion this year for the third year in a row, consultant Hymans Robertson said on Wednesday.

Aug 09 2017

Fund outflows pressure Standard Life shares ahead of Aberdeen merger

LONDON Worries about outflows from Standard Life's flagship multi-asset strategy hit its shares on Tuesday, ahead of an 11 billion pound ($14.4 billion) merger with Aberdeen Asset Management to form Britain's largest active manager.

Aug 03 2017

UK insurer Aviva's operating profit up 11 percent, shares rise

LONDON British insurer Aviva reported an 11 percent rise in first-half operating profits to 1.47 billion pounds ($1.94 billion) on Thursday, boosted by its general insurance and fund management units and sending its share price higher.

Aug 02 2017

RSA profit beats target but dividend miss hits shares

LONDON A lower than expected dividend payment hit shares of British motor and home insurer RSA on Wednesday, making it the worst performer in the FTSE 100 index and overshadowing above-forecast first-half profit.

Aug 01 2017

AA fires chairman for gross misconduct, shares hit record low

LONDON Roadside recovery and motor insurance company AA has fired Executive Chairman Bob Mackenzie for gross misconduct and lowered its full-year forecasts, sending its shares sliding as much as 18 percent to a record low.

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