Allianz promises closer ties with Pimco

Relationship pledge between German insurer and US bond unit

Editor’s choice

Hugh Young gues columist for Money FT.
UK wealth management business will remove Hugh Young as manager of the SJP Far East fund
A trader from ETX Capital points to a Bloomberg terminal showing the FTSE 100 index following a speech by Finance minister George Osborne in central london on June 27, 2016.
European stock markets mostly slid Monday as British finance minister George Osborne attempted to calm jitters after last week's shock Brexit referendum. / AFP / Daniel Leal-Olivas (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images) ©AFP
UK fund manager reports modest inflows but strikes a cautious tone on outlook

Movers & shakers: July 25

Pimco has poached the chief executive of Man Group, Manny Roman

‘We have not seen major [Brexit] panic’

CEO of Pictet AM more worried about short-termism and passive

‘Return expectations have to come down’

State Street Global Advisors’ chief executive says savers must be realistic

Movers & shakers: July 18

BlackRock hires veteran Credit Suisse banker Philip Vasan

Philip May assumes supporting role to PM

Former award-winning fund manager now looks after clients

Movers & shakers: July 11

Fomer M&S boss Marc Bolland to join Blackstone

‘Brexit is dreadful for the UK’

MEP Sven Giegold says no chance of a privileged deal for the City

©AFP/Getty Images

Make way for the robot stock pickers

Automation is expected to revolutionise the investment industry

Brexit job losses loom for London funds

City will lose out to Ireland and Luxembourg


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