Edition:
United States

Simon Jessop

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

4:53am EDT

Schroders says nine-month assets up 9 percent to 430 billion pounds

LONDON British asset manager Schroders on Thursday posted a 9 percent rise in ‍assets under management and administration for the nine months to September 30 led by gains in its institutional business.

Oct 18 2017

Norway's wealth fund objects to UK relaxing share listing rules for state firms

LONDON/OSLO Norway's $1 trillion (£758.73 billion) sovereign wealth fund has urged Britain's financial markets regulator to rethink proposed changes to its share listing rules to allow a new category of listing for state-backed firms which give smaller investors less say on corporate governance.

Oct 13 2017

Ashmore posts highest net inflows for four years, shares up

LONDON Emerging markets-focused fund manager Ashmore posted an 11 percent rise in first-quarter assets, helped by its highest net inflows of client money for four years, sending its shares up more than 10 percent

Oct 11 2017

BlackRock weighing out-of-pocket payments globally for research - CEO

NEW YORK/LONDON BlackRock Inc will consider paying out-of-pocket for the investment research the world's largest asset manager consumes from banks globally, Chief Executive Larry Fink said on Wednesday.

Oct 11 2017

BlackRock weighing out-of-pocket payments globally for research: CEO

NEW YORK/LONDON BlackRock Inc will consider paying out-of-pocket for the investment research the world's largest asset manager consumes from banks globally, Chief Executive Larry Fink said on Wednesday.

Oct 03 2017

Fidelity International to cut fees if active funds lag indexes

LONDON Asset manager Fidelity International said on Tuesday it will set a new pricing model for its active equity funds that will charge investors lower management fees if a fund underperforms or simply tracks its benchmark.

Sep 29 2017

Lyxor CEO open to ETF deals, eschews large-scale active fund M&A

LONDON Lyxor Asset Management is prepared to buy a rival provider of index funds to help it maintain its European No.2 market position, but has no plans to join a wave of large-scale deal-making within active fund management, its chief executive said.

Sep 27 2017

Pimco to back Novo Banco debt deal at Friday vote - source

LONDON/LISBON Major Novo Banco bondholder Pimco plans to support a restructuring deal at the state-rescued Portuguese lender in a vote this Friday, though the bank could still struggle to get the necessary backing, a source familiar with the matter said.

Sep 26 2017

UK competition regulator 'sets ground rules' for price comparison websites

LONDON Britain's Competition and Markets Authority said on Tuesday it was setting "clear ground rules" for how consumer price-comparison websites operate following a year-long review but was opening a formal investigation into only one site, offering home insurance, as a result of the review.

Sep 20 2017

Clariant short-sellers squeezed as activist Corvex doubles-down

LONDON Hedge funds have trimmed bets on a fall in shares of Clariant , just as activist investor Corvex increases pressure on the Swiss chemicals company to ditch a $20 billion M&A deal with rival Huntsman .

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary