Citywire

Citywire

Citywire

Financial publisher

Citywire is a London-based media group covering the global asset management industry

Quick Facts Company type, Industry ...

Citywire covers and connects all sides of this $100 trillion global industry – from the groups who manage investment funds to the companies they invest in and the people who buy those funds.

Citywire has around 300 employees based in London, Milan, Munich, Singapore, Paris, Brighton and New York City.[2] along with editorial bases in Cape Town, Madrid and Los Angeles. The company employs more than 60 journalists alongside nine videographers operating in three TV studios in London and New York.

History

Citywire was founded in 1999 by Lawrence Lever. In 2001 Reuters acquired a stake in the company.[3][4] Following various mergers and acquisitions, this minority stake is now held by the London Stock Exchange group. The rest of the company is owned by private investors and employees.

Citywire connects asset management groups that manage investment funds to the people who buy those funds: financial advisers, wealth managers, RIAs and fund selectors around the world.

It publishes digitally in five languages (English, French, German, Italian and Spanish) and stages more than 110 live events a year in 27 countries, attended by 4,500 delegates.

Products

Websites

All of Citywire's digital output can be found at citywire.com. The company publishes 27,500 stories a year globally across 25 editions.

Around 69,500 professional investors are registered on citywire.com, representing $1.7 trillion of assets under management, advice or influence.

Citywire's news is also available around the world on some 350,000 Bloomberg Terminals around the world under an agreement signed in October 2023.

Events

Citywire holds more than 110 events a year, bringing together professional investors and asset managers in venues across the globe.[5]

These events typically see between 5 and 30 asset management groups present to investors and advisers in small groups, usually six or less. This allows industry professionals to see a variety of portfolio managers running different asset classes.[6]

Between sessions there are also external speakers who present their views on anything from geopolitics to their outstanding personal achievements.[7]

Fund Manager Ratings

Citywire Fund Manager Ratings track managers, not their funds, looking at how they've performed across all the funds they've run, wherever they've run them over the past three years.

The methodology is purely quantitative, rewarding managers for superior risk-adjusted returns.[8] The service judges fund managers on performance relative to a benchmark on the funds they run. Citywire chooses the benchmark, just in case the asset management group has chosen one it believes is not robust enough.[9]

Fund Manager Ratings is an impartial service and nobody can pay Citywire to rate a manager. Citywire rates all eligible managers (around 15,000 active managers in 41 countries around the world).[10]

See also

References

  1. [1]
    "About Citywire". Official website.
  2. [2]
    "About Citywire". Retrieved 30 May 2015.
  3. [3]
    Milmo, Dan (1 February 2001). "Reuters invests in online rival". The Guardian. Retrieved 24 September 2011.
  4. [4]
    "Citywire news website sells 25pc of business to Reuters". Retrieved 27 June 2015.
  5. [5]
    "Events - About Citywire". About Citywire. Archived from the original on 21 October 2016. Retrieved 25 October 2016.
  6. [6]
    "Citywire Paris 2016: our biggest ever event for French selectors". Citywire Global. Retrieved 25 October 2016.
  7. [7]
    "The home of outstanding speakers". citywiresessions.com. Retrieved 25 October 2016.
  8. [8]
    "Citywire Fund Manager Ratings: Frequently Asked Questions". Citywire Global. Retrieved 25 October 2016.
  9. [9]
    "Citywire Fund Manager Ratings: Frequently Asked Questions". Citywire Global. Retrieved 25 October 2016.
  10. [10]
    "Citywire Fund Manager Ratings: Frequently Asked Questions". Citywire Global. Retrieved 25 October 2016.
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