Consolidation set to move up asset management agenda
Further asset management consolidation is on the horizon but the line between predator and prey is increasingly blurred Numis said in a note on Friday.
Further asset management consolidation is on the horizon but the line between predator and prey is increasingly blurred Numis said in a note on Friday.
Janus Capital International has announced the launch of the Janus Absolute Return Income Fund across various European markets, including the United Kingdom.
Lombard International has named a new chief executive for its US operations, while Axa IM has announced a senior departure. Nutmeg’s chief executive has stepped aside, with a Columbia Threadneedle veteran bowing out of the industry after a 32-year career.
FPI has named a new financial director and Source has appointed a UK chief executive. In spite of break-up rumours, Old Mutual Wealth has hired a head of proposition from Sanlam. Both Vonobel and Aviva Investors announced departures.
Henderson Global Investors’ Greg Jones talks about alpha generation and counter-cyclical strategies.
Henderson Global Investors has launched a Luxembourg-domiciled Pan European Dividend Income Fund, which will have UCITS status and be denominated in euros.
The latest Henderson Global Dividend index shows an increasing polarisation between emerging and developed markets, reflecting in particular the contrasting fortunes of the US and China.
US based bank Wells Fargo is believed to be circling the City of London to bolster its fund management capabilities, according to reports.
Henderson Group has bought three Australian asset managers in two separate transactions in an effort to fast-track the development of the firm’s Pan Asian business.
Through all its ups and downs, Hendersons Tim Stevenson has remained an enthusiastic cheerleader for Europe and remains convinced that value can still be found in this period of low growth.
Global dividends reached a record $288bn in the third quarter, registering a 3.8% year-on-year growth.
Bill Grosss new Janus Global Unconstrained Bond Fund has been made available to European investors, Janus Capital said on Thursday.