Institutions

What major funds, pension managers, and sovereign wealth vehicles are doing — reallocations, exposure changes, executive moves, and M&A reshaping the asset management landscape.
Rolls-Royce shares rise on CEO turnaround, Iran ceasefire hopes

Rolls-Royce shares rise on CEO turnaround, Iran ceasefire hopes

Shares rose to 1,260p after CEO Tufan Erginbilgiç highlighted the company’s turnaround and investors reacted to hopes of a US-Iran ceasefire reopening the Strait of Hormuz.