Italian asset manager Azimut has launched a New York-based company, Azimut Alternative Capital Partners.
S&P Dow Jones' SPIVA Europe scorecard stresses sharpest underperformances in the area of French and Spanish equities.
Sabadell Asset Management's valuation sits within the €600m-€800m range.
The asset manager has laid off 12% of its combined workforce after the OppenheimerFunds deal earlier this year, to meet its annual cost-savings target of $475m.
The Spanish insurer, via its asset management branch, has teamed up with New York-based Boyar Asset Management, to strengthen both its US equity research capabilities and returns in this asset class.
Jean Raby, chief executive officer of Natixis Investment Managers (with more than €800bn in AuM), remains open to new partnerships.
Credit rating agency Moody's studied the reasons of the profit gap between EU and US asset managers in a recent note.
Asteria’s management team will include five seasoned professionals reporting to CEO Katia Coudray who was recruited in July after seven years with Banque SYZ as head of asset management.
One quarter of major asset managers feel free to publicly express disapproval of their portfolio companies.
The chair will be supervised by Christophe Revelli, associate professor and head of the Corporate & Sustainable Finance master’s programme at Kedge Business School.