The Norwegian Government Pension Fund returned 3 percent in the second quarter of 2019, thanks to a strong performance by US tech giants Microsoft, Apple and Amazon.

The total dividends in the second quarter of 2019 touched $513.8bn (1.1% increase from last year) – setting a new record – but growth rate has slowed, affected by the strength of the US dollar.

Eastern Europe’s asset managers have yet to propose a proper green fund offering in their markets but things are evolving in certain countries.

UK financial services groups Tilney and Smith & Williamson have confirmed the ongoing exclusive discussions about a potential merger.

The Swiss stock exchange has granted the family-controlled bank’ decision.

Several funds, including Templeton, have suffered heavy losses after the electoral primaries last weekend.

Bfinance’s latest report on reducing equity risk underlines ways in which asset owners can diversify risk exposures and improve portfolio resilience to equity downturns, as controlling exposure to equity risk becomes key criteria for clients.

The Natixis affiliate seeks return of withholding dividend taxes from tax administrations in the Nordics, Germany and the Netherlands, according to a document seen by Asset News.

Laurent Ducoin and Caroline Gauthier have the backing of Apax Partners.