Asset Management

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FT - Asset managers make Brexit plans

EXIT

Britain’s departure from the EU has pushed many of the UK’s largest investment companies to take action to protect their businesses even before formal negotiations over the terms of Brexit begin.

Goldman boss to relocate as fund closes

Closed Sign

Goldman Sachs' Suneil Mahindru, head of international stock investing, is relocating to the U.S. from London after the firm decided to close a European-equities investment fund, according to a person with knowledge of the matter.

HSBC said looking at asset and wealth management deals

HSBC Canary Wharf

HSBC is planning to pursue deals to expand in asset and wealth management as the bank seeks to capitalize on the growing funds of the middle class in Asia and diversify its business away from traditional lending, according to two people with knowledge of the plans.

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