Cazenove Capital has changed its head of wealth management in Singapore; while Natixis AM has named a new chief executive following the departure of incumbent Pascal Voisin. South Africa’s Standard Bank has also appointed a chief executive, while M&G Investments named a new fund manager to its multi-asset team.
Schroders assets under management has hit the £300bn mark, the firm announced in its 2014 results.
Following Schroders’ acquisition of Cazenove Capital last year, all of the UK fund manager’s private client business in Asia will come under the Cazenove brand name, according to Sandy Dudgeon, Cazenove’s managing director in Asia.
The Financial Conduct Authority has fined the ex-chairman of JP Morgan Cazenove, Ian Hannam, £450,000 for two instances of market abuse.
Continental Europe is facing a promising year ahead, according to some, and even the problems it still faces can be dealt with free of many of the crises that have enveloped it in recent years.
Cazenove Capital Management has opened an office in Hong Kong, its first in Asia, having received licence approval from the Securities and Futures Commission.
Schroders has made a £424m offer for Cazenove Capital in an acquisition that will see all Cazenove funds and fund managers move across to the merged business, subject to shareholder approval.
Cazenove Capital Management is planning to open an office in Hong Kong by the end of this year, pending approval from local regulators.
Cazenove Capital has appointed a new portfolio manager to its Jersey office.
Cazenoves Chris Rice has a four-point plan to set the global economy on a path to normalisation.
Cazenove Capital has joined the Federation of European IFAs (FEIFA) as a partner member.
