Citywire is a London-based

financial Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

publishing Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the creation and distribution of printed works, such as books, newsp ...

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

fund managers Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institut ...

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

History

Citywire was founded in 1999 by business journalists from the

Independent on Sunday ''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was publis ...

and the

Mail on Sunday ''The Mail on Sunday'' is a British conservative newspaper, published in a tabloid format. It is the biggest-selling Sunday newspaper in the UK and was launched in 1982 by Lord Rothermere. Its sister paper, the ''Daily Mail'', was first pub ...

. In 2001

Reuters Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was estab ...

acquired a stake in the company. Alongside Reuters, Investor

Clifford Gundle Clifford Gundle is a South African philanthropist, entrepreneur and plastics tycoon who became known as the founder of Gundle Plastics, one of the largest flexible film plastics manufacturers in the southern hemisphere. Career During 1959 in ...

also holds a large stake in the company. The company began publishing magazines in 2003 and continues to add weekly and international titles to its catalog. It publishes a variety of magazines aimed at financial advisors and asset management firms, together with daily business news. Since its 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.

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 * Citywire Asia - for private wealth professionals in Asia * Citywire Consulenza Evoluta - for Italy's promoter community of financial advisers * Citywire Deutschland - for Germany's professional investor community * Citywire Professional Buyer - for fund analysts and manager researchers in the US domestic market *Citywire RIA - for registered investment advisors in the US domestic market * Citywire Switzerland - for Swiss independent asset managers * Citywire Selector - for international fund selectors * Citywire Wealth Manager - for investment advisers, wealth managers and stockbrokers * Modern Investor - for institutional investors * New Model Adviser - for independent financial advisers and planners

Events

Citywire holds over 60 events a year, bringing together professional investors and asset managers in venues across the globe. 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. 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. These events are free of charge but only open to qualified investors, wealth managers and advisers by personal selection from Citywire.

Fund Manager Ratings

Citywir
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. 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. 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).

Awards

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

References

{{Reflist

External links

Website
Financial services companies of the United Kingdom 1999 establishments in the United Kingdom Multinational companies based in the City of London British companies established in 1999 Publishing companies based in London Financial services companies established in 1999