The London-headquartered banking group has announced some 4.000 job cuts and the departure of CEO John Flint.
BlackRock, managing assets worth $6.84trn as of end June 2019, has lost investors over $90bn by ignoring global climate risk in a few of its select holdings over the past decade, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).
The German insurer's asset management department boarded €20.8bn in net new money in second quarter 2019.
The Australian asset manager will bring $155bn in assets to the $575bn Japanese group.
In a research note, Morgan Stanley gives its stance on H2O and Woodford cases.
“We have had no contagion at any of Natixis IM’s assets managers”, said François Riahi, CEO of Natixis, about the H2O case.
Italian asset manager Azimut Holdings reported best H1 revenues in the history of the group with a 29% rise in total revenues to €486m from €375.7m in H1 2018.
Schroders' asset management segment faced net redemptions of £2.1bn over H1'19.
Net profit of the asset management business line at the Italian insurer stood at €133m, up 22% year-on-year.