The group has created independent wealth management units for Western Europe, Eastern Europe and the Middle East. This will come with 500 layoffs among the 23,000 worldwide wealth management employees.
British investment firm announced dealing is temporarily suspended in the M&G Property Portfolio, invested at least at 70% in UK commercial property.
Kames Capital and TKP Investments brands will disappear in 2020 as Aegon Asset Management seeks to establish a globally integrated structure.
Mark Ainsworth is head of Data Insights at Schroders. He tells Asset News more about his unit and data issues in asset management.
The asset manager said it will take a minority stake in US-based investment firm NZS Capital and enter into a strategic partnership with the company in Q1 2020.
While corporate governance is becoming increasingly critical from a portfolio perspective, many large exchange-listed companies in Germany fail to adhere to best practices, hurting shareholders.
On the occasion of the 20th anniversary of L'Agefi’s Asset Management Grand Prizes, Asset News asked Amundi's chief executive officer Yves Perrier his views on the latest trends in the sector.
Universal-Investment will handle the administration of the €56bn Metzler funds – one of the largest sourcing mandates awarded in the German investment sector.
The asset management business of Investec which is to be renamed Ninety One, will have a dual listing on 13 March 2020.
As Asset News revealed last 25 November, Australian financial group National Australia Bank Limited (NAB) will open a Paris branch.