Investors in troubled GAM funds to get payments
GAM, the investment manager that recently suspended trading in its unconstrained absolute return bond funds, said it will pay back...
US equity sales survive channeling of fund flows to money markets
Money market funds reversed two months of outflows in July as investors continued to pull out of equity and bond...
Financial services M&A slows
Merger & acquisition (M&A) activity in the financial services sector shows signs of slowing. M&A in the asset management industry...
Jupiter makes double hire for fixed income
Jupiter Asset Management has added two analysts to its fixed income team, including Alejandro Di Bernardo who joins from Deutsche...
Multi-asset credit managers prepare for late stage of cycle
Multi-asset credit managers, including from Invesco and Investec Asset Management, have been shortening duration and exiting certain sectors due to...
Invesco RE buys into Dublin’s need for student accommodation
Invesco Real Estate has bought a student accommodation development in Dublin, Ireland, in a deal described as possibly the first...
Wealth manager appoints non-execs
Quilter, a UK wealth management firm, has appointed Paul Matthews and Suresh Kana as independent non-executive directors. Matthews formerly worked...
June was “worst month in five years” for outflows
BlackRock was among the most significant casualties of outflows in June, which was described as the worst month for European...
Trade war and currencies spell lower green bond issuance
Brexit and increased trade tensions could cause a short-term dip in the issuance of green bonds, the Swedish bank SEB...
BNP Paribas bolsters asset manager sec services team
BNP Paribas Securities Services has appointed two senior sales people to work on its asset manager accounts in the UK....
ASSET MANAGEMENT: AI & FINCRIME
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