Luxembourg management companies (ManCos) are opening new subsidiaries, internalising marketing functions, and deepening their operations for MiFID related services, to tackle the rising demand for financial services in a post-Brexit world.
The investment arm of British insurer Aviva has outlined recommendations to financial system institutions and G7/G20 countries to set a comprehensive strategy for the global economy and to finance the climate transition.
Fonds de Réserve pour les Retraites (FRR) is looking to select asset managers to manage responsible active management mandates for investing in dollar-issued Investment Grade (IG) corporate bonds.
The tech giant has teamed up with Conservation International and Goldman Sachs to launch a $200m fund, which will make investments in forestry projects.
For the fourth consecutive quarter, the US asset manager drew more than $100bn in net inflows, primarily in its ETFs.
The operation will bring $124bn of assets under management to Columbia Threadneedle Investments.
The French asset manager said that it is “ready to take a large share” worth €7bn of the new entity, New Suez, resulting from the Suez-Veolia merger.
French asset management firm Amundi is set to buy Lyxor for a total cash consideration of €825m, or €755m excluding excess capital.