Citywire

Citywire is a London-based financial publishing and information group.[2]

Citywire
TypeDivision
IndustryNews agency
FoundedJune 1999
Headquarters3 Spring Mews
London
SE11 5AN
United Kingdom[1]
Key people
Lawrence Lever
(Chairman)

David Turner
(CEO)

Gareth Williams
(COO)
Websitewww.citywire.co.uk

It provides news, information and insight for professional advisers and investors globally. The company specialises in tracking the performance of fund managers.

Citywire is a private holdings company with over 200 employees based in London, Milan, Munich, Singapore and New York.[3]

History

Citywire was founded by business journalists from the Independent on Sunday and the Mail on Sunday in 1999. In 2001 Reuters took a stake in the company.[4][5] Alongside Reuters, Investor Clifford Gundle also holds a large stake in the company.

The company began publishing its magazines in 2003 and continues to add new weekly and international titles to its catalog.[6] It publishes a variety of magazines aimed at financial advisors and at asset management firms, together with daily business news.[7]

Since launch Citywire has expanded to become a global operation with offices in Munich, Singapore, Milan and New York.

There are currently 9 executive directors in the company.[8]

Products

Magazines

Citywire publishes an array of magazines which are targeted at the global intermediated asset management industry. This audience is made up of professional fund investors (intermediaries) such as financial advisers, stockbrokers, wealth managers and private bankers.

Those in the intermediary asset management industry choose funds on behalf of their clients - individuals and families - looking to grow or preserve their wealth over the medium to long term. It is these professional investors who read the news and commentary published through Citywire's magazines, apps and websites.

Citywire publications include:

  • Citywire Americas - for the US offshore and Latin American investment communities[9]
  • Citywire Asia - for private wealth professionals in Asia[10]
  • Citywire Consulenza Evoluta - for Italy's promottori community of financial advisers[11]
  • Citywire Deutschland - for Germany's professional investor community[12]
  • Citywire Professional Buyer - for fund analysts and manager researchers in the US domestic market[13]
  • Citywire RIA - for registered investment advisors in the US domestic market
  • Citywire Switzerland - for Swiss independent asset managers[14]
  • Citywire Selector - for international fund selectors[15]
  • Citywire Wealth Manager - for investment advisers, wealth managers and stockbrokers[16]
  • Modern Investor - for institutional investors[17]
  • New Model Adviser - for independent financial advisers and planners[18]

Events

Citywire holds over 60 events a year, bringing together professional investors and asset managers in venues across the globe.[19]

These events see between 10 and 30 managers present to investors and asset managers in small groups, usually six or less. Over two or three days industry professionals see a variety of managers running different classes.[20]

Between sessions there are also external speakers who present their views on anything from the global economic outlook to the future of the trade business.[21]

These events are free of charge but only open to qualified investors, wealth managers and advisers by personal selection from Citywire.

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.[22] 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.[23]

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).[24]

Awards

Citywire hosts awards for fund managers in the financial services industry. The basis of the awards is strictly mathematical, with no human verdict.[25]

See also

References
  1. https://aboutcitywire.com
  2. "PEOPLE: Citywire". Retrieved 30 May 2015.
  3. "About Citywire". Retrieved 30 May 2015.
  4. Milmo, Dan (1 February 2001). "Reuters invests in online rival". The Guardian. Retrieved 24 September 2011.
  5. "Citywire news website sells 25pc of business to Reuters". Retrieved 27 June 2015.
  6. "Citywire Professional Buyer: Our new magazine in the US - About Citywire". About Citywire. 14 September 2016. Archived from the original on 26 October 2016. Retrieved 25 October 2016.
  7. "www.abc.org.uk/Certificates/17425100.pdf" (PDF). www.abc.org.uk. Retrieved 30 May 2015.
  8. "The Exec Team - About Citywire". Archived from the original on 16 February 2017. Retrieved 30 May 2015.
  9. "Magazines | Citywire". citywireamericas.com. Retrieved 25 October 2016.
  10. "Magazines | Citywire". citywireasia.com. Retrieved 25 October 2016.
  11. "Magazine | Citywire". citywire.it. Retrieved 25 October 2016.
  12. "Fondsmanagerdaten, Nachrichten und Analysen von Citywire". citywire.de. Retrieved 25 October 2016.
  13. "Magazines | Citywire". citywireusa.com. Retrieved 25 October 2016.
  14. "Magazines | Citywire". citywire.ch. Retrieved 25 October 2016.
  15. "Magazines | Citywire". citywireselector.com. Retrieved 25 October 2016.
  16. "Magazines | Citywire". citywire.co.uk. Retrieved 25 October 2016.
  17. "Magazines | Citywire". moderninvestor.com. Retrieved 25 October 2016.
  18. "Magazine | Citywire". citywire.co.uk. Retrieved 25 October 2016.
  19. "Events - About Citywire". About Citywire. Archived from the original on 21 October 2016. Retrieved 25 October 2016.
  20. "Citywire Paris 2016: our biggest ever event for French selectors". Citywire Global. Retrieved 25 October 2016.
  21. "The home of outstanding speakers". citywiresessions.com. Retrieved 25 October 2016.
  22. "Citywire Fund Manager Ratings: Frequently Asked Questions". Citywire Global. Retrieved 25 October 2016.
  23. "Citywire Fund Manager Ratings: Frequently Asked Questions". Citywire Global. Retrieved 25 October 2016.
  24. "Citywire Fund Manager Ratings: Frequently Asked Questions". Citywire Global. Retrieved 25 October 2016.
  25. "Raise a toast to the star money-makers". Retrieved 27 June 2015.
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