Dubai establishes new endowment centre
Dubai is to establish a centre for endowment consultancy services, and the city will get a new district dedicated to endowment buildings and housing.
Dubai is to establish a centre for endowment consultancy services, and the city will get a new district dedicated to endowment buildings and housing.
Generali Investments, the asset management arm of Italy’s Generali Group, has announced plans to set up an office in London to support expansion plans for its third-party business with institutional clients and private wealth managers.
Despite only 30% of global asset management chief executives expecting the global economy to improve over the next 12 months; 90% are confident or very confident about revenue growth in 2016, rising to 95% when looking at the next three years.
UK online investment platform Rplan saw a 280% year-on-year increase in flows into Indian-only funds in 2015, as investors looked to capitalise on the stock market’s strong performance over the past year.
Environmental markets-focused investment manager Impax Asset Management has launched the Impax Environmental Leaders Ireland Fund under the company’s existing Irish Ucits umbrella structure.
International distribution company DV Global has partnered up with platform provider Novia Global and DFM TAM Asset Management as part of a formal launch of its panel of products and services aimed at expat-focused financial advisers.
Singapore-based Keppel Corporation plans to consolidate its four asset management businesses under wholly-owned subsidiary Keppel Capital, in a move that could see the company venturing into regulated investment and asset management activities.
Axa Investment Managers (Axa IM) is partnering with French academic institute HEC Paris to offer asset management education through a Massive Open Online Course (MOOC). The course will launch in April 2016 and is open to all.
When it comes to a move toward electronic fund distribution, for the asset management sector, change is mandatory, says EY.
The SLI GARS fund was the best-selling mutual fund in Europe in November, taking in €1bn in net new money. However, there are multi-strategy funds that perform much better.
Are Indian equities expected to outperform in 2016 compared to 2015?
International law firm Simmons & Simmons has launched a new online tax subscription service, designed to help clients in the asset management & investment funds and financial institutions sectors when structuring and marketing funds.