Asset management sector well positioned
Assets under management in the UK wealth and asset management sectors are expected to rise 6.5% per year between 2015 and 2018, EY said in a recent ITEM Club financial services forecast.
Asset Management
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Regulatory reforms a significant burden
The “unprecedented wave” of regulatory changes will “present a significant burden” to asset managers, said EFAMA’s Peter De Proft.
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Natixis Global AM establishes Mexican base
Natixis Global Asset Management has opened an office in Mexico targeting institutions, particularly pension funds.
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RBC GAM fills new international chief
RBC Global Asset Management (RBC GAM) has appointed a new chief executive and managing director for its international arm.
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GAM restructuring bearing fruit
According to GAM CEO, David Solo, the restructuring process is now largely complete and the results are evident.
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Henderson profits boosted by 5bn in net inflows
Despite a 16% increase in underlying expenses, the asset manager remains positive about the second half as retail net inflows continue to grow.
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blackrock under fire from italian regulator
BlackRock is under formal investigation by Italian securities regulator Consob due to alleged insider trading of shares in Italian oil and gas company Saipem.
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secrets of investing now fund managers reveal all
These are not easy times for investors, with investment returns low, political and social unrest disrupting key regions of the world, and the spectre of inflation ever-present.
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asset risk consultants unveils service
Asset Risk Consultants, the Guernsey-based investment consultancy firm, has launched a service aimed at helping charity trustees to manage their client portfolios.
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cantor fitzgerald said poised to acquire
New York-based Cantor Fitzgerald is today said to be poised to acquire Seymour Pierce, the 130-year-old London stockbroker that has been reported to be in need of new funding.
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seymour pierce enters intl asset
Seymour Pierce, the London-based investment bank and stockbroker, is making its Core and Satellite asset management service available to investors outside the UK market for the first time.
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deutsche and guggenheim discuss deal
Deutsche Bank has entered into exclusive negotiations with US-headquartered financial services firm Guggenheim Partners, regarding the sale of several parts of its asset management division.