Moody's has downgraded its outlook for the global asset management industry to 'negative', as the level of flows moving into passive and low-fee products gathers pace.
The credit ratings agency said it had not reported a rating action, but had downgraded the industry's outlook from ‘stable' to ‘negative' as active management continues to "underwhelm". In addition,...
Calling for 'imaginative and creative' approach to negotiations
Plans for transitional 'standstill' deal
Concerns over ballooning debt
Janus Henderson recruits Columbia Threadneedle's fixed income head Cielinski amid bond team restructure
Cielinski joining firm on 1 November