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Stock impact report

The blue-blooded City fund giant battling to stay relevant [Yahoo! Finance]

Hamilton Lane Incorporated - Class A (HLNE) 
Last hamilton lane incorporated - class a earnings: 2/4 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The historic money manager, which was founded during the Napoleonic Wars, invited the late Queen Elizabeth II to cut the ribbon for the 308,000 sq ft office, making a major coup for the eponymous Schroders family, who have controlled the business for two centuries. Flanked by Bruno Schroder, the 85-year-old family patriarch, and chairman Michael Dobson, the Queen's visit marked a new dawn for the FTSE 100 giant, which was attempting to reinvent itself as a modern-day asset manager. Yet seven years on from the prestigious opening – the British financial titan is at a crossroads. Buffeted by an industry-wide downturn, Schroders is trying to plot a new course in a rapidly changing environment. Schroders' problem had been a rapid sea change in investment markets, away from its bread-and-butter active stock picking model towards cheaper “passive” funds – like ETFs – and private capital. It has tried to keep pace by buying numerous businesses that oversee private capital, but quest Show less Read more
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