Citywire
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Citywire is a London-based business covering the Global Wealth community.
Founded in 1999, Citywire aims to create a complete picture of the decision-makers who drive the way the world invests $250tn in assets – from due diligence teams in the US to fund selectors across Europe and private bankers in Asia.
 | |
| 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 has around 260 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, the London Stock Exchange group now holds this minority stake. 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 organises 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. The news is published by the biggest news team anywhere focusing on the Wealth sector.
More than 74,000 professional investors are registered on the site, representing $1.7trn assets under management, advice, or influence.
In November 2023, Citywire announced that its news can also be accessed through users of 350,000 Bloomberg Terminals around the world/
Events
[edit]Citywire hosts more than 110 events annually, facilitating interactions between professional investors and asset managers worldwide.[5]
These events typically see between five 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.
Audience Knowledge
[edit]Citywire captures proprietary data-driven insights about the world’s Wealth players to provide real-time analysis on who these investors are, the assets they control, their investment intentions and the stories they are reading on citywire.com
This data is backed up by the Citywire Audience Development team which meets Wealth players around the world to hear how they choose investments, what their clients are saying and how they are growing their businesses
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. 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 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.
See also
[edit]References
[edit]- ^ "About Citywire". Official website.
- ^ "About Citywire". About Citywire.
- ^ 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". Citywire Events.