Bond giant Pimco favours gilts over US Treasuries amid inflationary pressure
Financial Times
26 March 2024 - 07:58
Fund manager projects Federal Reserve will cut interest rates more slowly than other central banks.
Asset manager
Invesco wants to use generative AI to cut costs but not yet pick stocks
Financial Times
20 March 2024 - 09:38
CEO Andrew Schlossberg says the $1.6tn asset manager is also open to deals in private credit.
BlackRock cuts 600 staff as asset managers defend profit margins
Financial Times
11 January 2024 - 09:50
Fink and Kapito say headcount will increase this year as firm invests in technology and new offerings.