Citywire
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| Company type | Media company |
|---|---|
| Industry | Asset Management |
| Founded | 1999 |
| Headquarters | 3 Spring Mews London SE11 5AN United Kingdom[1] |
Key people | Lawrence Lever (Chairman) Nick Collard (COO) |
Number of employees | 300 |
| Website | www |
Citywire is a London-based media group covering the global asset management industry
Citywire connects and reports on all facets of this $100 trillion industry, including the fund managers, the companies they invest in, and the investors who buy these 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 has over 60 journalists and nine videographers, operating in three TV studios located in London and New York.
History
[edit]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 remainder of the company is owned by private investors and employees.
Publications and Digital Presence
[edit]Citywire publishes digital content in five languages: English, French, German, Italian, and Spanish. It also organizes more than 110 live events annually in 27 countries, attracting approximately 4,500 delegates.
Websites
[edit]The company’s digital output is available on citywire.com. The company publishes 27,500 stories a year globally across 25 editions.
Approximately 69,500 professional investors are registered on the site, representing $1.7 trillion in assets under management, advice, or influence.
As of October 2023, Citywire’s news is also accessible via approximately 350,000 Bloomberg Terminals globally.
Events
[edit]Citywire hosts over 110 events annually, facilitating interactions between professional investors and asset managers worldwide.[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]
Additionally, external speakers often present on topics ranging from geopolitics to personal achievements.[7]
Fund Manager Ratings
[edit]Citywire Fund Manager Ratings evaluate fund managers based on their performance across all the funds they manage 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.[8]
Fund Manager Ratings is an impartial service that provides ratings for all eligible managers globally, and no one can pay for a rating. Currently, around 15,000 active managers in 41 countries are rated.[8]
See also
[edit]External links
[edit]References
[edit]- ^ "About Citywire". Official website.
- ^ "About Citywire". Retrieved 30 May 2015.
- ^ Milmo, Dan (1 February 2001). "Reuters invests in online rival". The Guardian. Retrieved 24 September 2011.
- ^ "Citywire news website sells 25pc of business to Reuters". Retrieved 27 June 2015.
- ^ "Events - About Citywire". About Citywire. Archived from the original on 21 October 2016. Retrieved 25 October 2016.
- ^ "Citywire Paris 2016: our biggest ever event for French selectors". Citywire Global. Retrieved 25 October 2016.
- ^ "The home of outstanding speakers". citywiresessions.com. Retrieved 25 October 2016.
- ^ a b c "Citywire Fund Manager Ratings: Frequently Asked Questions". Citywire Global. Retrieved 25 October 2016.