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We’ve aggregated 463 of citywire.com’s headlines and news stories over the past 3 months.

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Top citywire.com News

PGIM Builds a $1 Trillion Credit Unit in New CEO’s Overhaul

PGIM Builds a $1 Trillion Credit Unit in New CEO’s Overhaul

100% Left coverage: 2 sources

PGIM, Inc. is merging its public fixed-income and private-credit teams to create a unit with almost $1 trillion of assets as part of new Chief Executive Officer Jacques Chappuis’s reboot plan.See the Story

Northern Trust Asset Management Appoints Head of International and Responsible Investing

Northern Trust Asset Management Appoints Head of International and Responsible Investing

100% Center coverage: 2 sources

LONDON & CHICAGO--(BUSINESS WIRE)--Jun 25, 2025-See the Story

Vanguard cuts fund fees as competition in Europe heats up

Vanguard cuts fund fees as competition in Europe heats up

100% Center coverage: 1 sources

World’s second-largest asset manager estimates reduction will save investors $3.5mn a year See the Story

Manager of €4.5bn M&G Property Fund Retires After 43 Years

David Jackson will hand over sole ownership of the M%26G European Property fund to Simon Ellis following his retirement.See the Story

Indosuez Moves to Acquire BNP Paribas Wealth Clients in Monaco - Monaco Life

CFM Indosuez Wealth Management has announced plans to acquire the wealth management clientele of BNP Paribas in Monaco, a deal that would reinforce its dominance in one of Europe’s most affluent banking markets. The proposed acquisition, which remains subject to regulatory approval, is expected to be finalised in the first half of 2026. If completed, it would see hundreds of BNP Paribas clients transferred to CFM Indosuez, the Monegasque subsidi…Monaco · Monaco See the Story

Morningstar puts struggling Invesco EM equity fund under review

Portfolio manager Justin Leverenz has left the firm, leaving behind strategy that was worth $53bn in the US.United States · United States Read Article

European fund selectors prefer Eltifs over UCI Part II funds

They are also still citing lack of liquidity and transparency as the biggest hurdles to investing in private markets, according to a survey by Neuberger Berman.Read Article

AA-rated Fed Hermes PM to run new short duration strat

The new fund aims to bridge the gap between liquidity and fixed income.Madrid, Spain · Madrid See the Story

Fidelity to axe ailing global low-vol equity fund

Anglo-American giant will shut down strategy next month citing low assets and limited growth prospects.London, England · London Read Article

€63bn Finnish Pension Firm Promotes CIO to CEO

Mikko Mursula lands the top role after 20 years with Ilmarinen.Finland · Finland See the Story

Demand for ETF giants could eradicate small funds, warns Efama

As ETFs enjoy their second consecutive year of record sales, their immense popularity sets the tone for allocation.Read Article

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