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    Chris Flood

    Asset management reporter

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    • Wednesday, 22 March, 2023
      ESG investing
      UK regulator takes aim at index providers over greenwashing

      Financial Conduct Authority criticises ‘widespread failings’ in ESG benchmarks

    • Tuesday, 21 March, 2023
      Fund management
      Credit crisis surges to top of investors’ list of worries

      Bank of America fund manager survey shows inflation is no longer seen as biggest risk to markets

    • Tuesday, 21 March, 2023
      Credit Suisse Group AG
      Tens of thousands of jobs at risk after UBS takeover of Credit Suisse

      Domestic Swiss business and investment bank set to bear brunt of cuts

    • Friday, 17 March, 2023
      ExplainerUK Budget
      Tax-free pension changes: what they mean for you

      FT Money’s analysis of chancellor Jeremy Hunt’s surprise Budget announcement

    • Wednesday, 15 March, 2023
      UK Budget
      Wealth managers prepare for pension client rush

      Changes to tax allowances simplify retirement saving, say industry experts

    • Tuesday, 14 March, 2023
      UK Budget
      Hunt to raise UK tax-free pension allowances to discourage early retirement

      Analyst warns chancellor’s Budget moves aimed at encouraging doctors back to work risks making ‘other rich people richer’

    • Sunday, 12 March, 2023
      Climate change
      UK pension funds threaten to vote against BP and Shell directors over climate targets

      USS and Border to Coast’s plan follows companies backtracking on emissions targets

    • Friday, 10 March, 2023
      UK Budget
      Help for R&D among chancellor’s Budget pledges

      Hunt set to restore relief to companies which can prove they are spending large amounts on research

    • Friday, 10 March, 2023
      News in-depthPensions industry
      Corporate rush to offload pensions adds to pressure on UK equities

      Funds sell stocks and lock in higher bond yields to make DB plans more attractive to insurers

    • Wednesday, 1 March, 2023
      Financial Advice
      Vanguard closes UK financial advice arm after less than two years

      Asset manager failed to generate enough business to retirement support service

    • Tuesday, 21 February, 2023
      Vanguard Group Inc
      Vanguard chief defends decision to pull asset manager out of climate alliance

      Champion of low-cost trackers warns against expecting superior returns from ESG funds and alternative strategies

    • Tuesday, 14 February, 2023
      Asset allocation
      China reopening bets now a ‘crowded trade’, fund managers warn

      Investor shift into Chinese and emerging market equities highlighted in widely watched Bank of America survey

    • Sunday, 12 February, 2023
      ESG investing
      UK fund manager Osmosis wins $4.5bn green transition investment mandate

      Contract awarded by Dutch pension fund Pensioenfonds PGB is one of the biggest ESG mandates

    • Tuesday, 7 February, 2023
      Pensions industry
      UK regulators failed to spot threat from pension scheme borrowing, says Lords report

      Calls for greater oversight of LDI strategies after last year’s turmoil in gilt markets

    • Monday, 6 February, 2023
      Pensions industry
      Pension schemes advised to sell LDI funds after gilt chaos

      Investment advisers have cut ratings on funds run by BlackRock and other managers

    • Friday, 3 February, 2023
      Fund management
      UK asset managers suffer record outflows in 2022

      Retail investors withdraw more than £25bn

    • Wednesday, 1 February, 2023
      Adani Group
      Jupiter at odds with rivals over involvement in Adani share sale

      Asset manager is the only UK-listed fund group to back the transaction after short seller allegations

    • Tuesday, 31 January, 2023
      ETF HubLatest news on ETFs
      BlackRock pushes to attract more retail investors to ETFs

      World’s largest asset manager offers new ETFs savings plans with neobroker Bux

    • Thursday, 26 January, 2023
      Vanguard Group Inc
      Vanguard’s net inflows fall by half to $151bn

      New business drops but world’s second-largest asset manager weathers market storm

    • Wednesday, 25 January, 2023
      Pensions industry
      UK pension schemes search out forestry investments

      Nest and Cushon schemes with £26bn under management look to put funds into trees as a growth area

    • Monday, 23 January, 2023
      Exchange traded funds
      ‘Breakout’ ETF provider Pacer’s assets race past $20bn

      Flagship COWZ fund AUM surged to $10.3bn at the end of 2022 from $1.3bn at the start of the year

    • Tuesday, 17 January, 2023
      European equities
      Investors slash bets on US stocks as they seek returns in Europe and EM

      Big fund managers take biggest ‘underweight’ position in Wall Street equities since 2005

    • Thursday, 12 January, 2023
      Fund management
      Baillie Gifford admits ‘humbling year’ after $14bn loss on Tesla and Shopify

      Manager of flagship fund acknowledges ‘mistake’ in assuming that changes to consumer habits during pandemic would last

    • Monday, 9 January, 2023
      Equities
      Fall in tech stocks in 2022 helps fuel recovery for short sellers

      Last year produced aggregate profits of $300bn, with tech stocks providing much of the boost

    • Friday, 23 December, 2022
      Tesla Inc
      Tesla shares lose $85bn in market value over brutal week

      Stock down 18% over past five days on doubts about Musk’s share sales and EV consumer demand

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