IFSCA cracks down on 9 fund managers in GIFT City over office and KMP violations
Business

IFSCA cracks down on 9 fund managers in GIFT City over office and KMP violations

The International Financial Services Centre Authority, the unified regulator at GIFT City, has initiated regulatory action against nine Fund Management Entities for non-compliance with operational

UK insurance industry wins lower capital requirements for in-house risk managers
Finances

UK insurance industry wins lower capital requirements for in-house risk managers

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government plans to

AI ‘vibe managers’ have yet to find their groove
Finances

AI ‘vibe managers’ have yet to find their groove

Stay informed with free updates Simply sign up to the Technology myFT Digest — delivered directly to your inbox. Techworld is abuzz with how artificial

Smaller asset managers shun the investment crowds
Finances

Smaller asset managers shun the investment crowds

Trillions of pounds worth of assets are managed by London’s listed investment houses. Their purpose is to deliver financial security for clients by growing and

Senior managers at Lucy Letby hospital arrested on suspicion of gross negligence manslaughter
Finances

Senior managers at Lucy Letby hospital arrested on suspicion of gross negligence manslaughter

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Three former members of staff

Aberdeen chair says ‘save the world’ claim by asset managers was a ‘mistake’
Finances

Aberdeen chair says ‘save the world’ claim by asset managers was a ‘mistake’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asset managers made a “huge

Gift City opens gates to third-party fund managers, lowers entry barriers
Business

Gift City opens gates to third-party fund managers, lowers entry barriers

IFSCA allows external fund sponsors to operate under existing third-party fund platforms in Gift City, reducing time-to-market and costs | Photo Credit: Elke Scholiers Mumbai

Wealth managers gear up to put UK savings into private assets
Finances

Wealth managers gear up to put UK savings into private assets

Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. The UK’s largest wealth managers

Most shunned popular index stocks by active fund managers
Business

Most shunned popular index stocks by active fund managers

Fund managers of actively managed mutual fund schemes prioritize companies with strong financials, healthy growth prospects, and attractive valuations when selecting stocks. Despite inclusion in

Wealth managers must transform to retain next gen windfall
Finances

Wealth managers must transform to retain next gen windfall

Wealth firms need to adapt to increasing appetite for alternative investments, sustainable projects and philanthropy among next generation cohorts of investors. Wealth managers must rapidly

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