The Spanish insurer will be able to buy a further 30.1% of Cygnus' capital in 2020 to become the manager's majority shareholder.
Vontobel generated a stable net profit of CHF 131.1m (€118.6m), reflecting the high level of profitability in combined wealth management and strong growth in asset management.
A recent post by Morningstar France illustrates differences in viewpoints around rating methodologies in the ESG fund universe.
Schroders will acquire a majority stake in impact investing firm BlueOrchard to bolster the expansion of its sustainability capabilities.
A $6.5bn rise in assets has been reported in the second quarter of 2019.
Banca March is seeking alliances with industrial and strategic partners for its investment fund platform after it failed to sell it earlier this year.
Despite challenging market conditions, German asset manager DWS has reported €6.7bn net inflows for the first half of 2019, with its cost-income ratio on track for the annual target.
Managers with $2trn in AuM sent a letter to cement makers, urging them to reduce their greenhouse gas emissions.
Lloyds Banking Group had terminated SLA's £109bn asset management mandate in February 2018 following announcement of merger plans between Standard Life and Aberdeen.