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Asset managers turn to once-forgotten backwater to drive industry growth

Record 70% income haul from fresh money is shot in the arm for active fund industry

Martin Small said the world’s largest asset manager was on track for a record year in ETF net inflows

Growth has been rapid, but from a low base, and big US rivals already dominate the market

Why own a fund manager?

Funds become cheaper, but questions remain about green credentials

Leonard Leo was architect of effort to secure conservative supermajority on the Supreme Court

Europe’s largest activist investor says it has built stake to become group’s largest shareholder

Petrus Advisers disputes short seller’s report after Swiss group’s shares plunge

Plus, De Beers unveils plan to counter lab-grown diamonds and the cloud-computing company riding Nvidia’s coattails