Italian asset manager Azimut has launched a New York-based company, Azimut Alternative Capital Partners.
The Paris appeal court has ordered Generali Insurance Asset Management to communicate the payslips of two male executive co-workers to a female executive employee as she considers suing the company over discrimination or infringement to equal treatment.
The market is dominated by the UK, France and Germany, which together represent 63% of assets under management.
Climate change and artificial intelligence (AI) could disrupt the asset management industry, forcing managers to dramatically change their business models.
According to Banque de Luxembourg Investments's managing director and chief investment officer, "the golden age of asset management has turned full circle."
The Norwegian group plans to accelerate its low-fee policy to win market share.
The Spanish group will rely on Franklin Templeton's boutique for the search of alternative investment funds.
Deirdre Flood, head of international distribution at Wells Fargo Asset Management (WFAM), has caught up with Asset News on the firm’s business development in Europe.
The firm's assets under management have hit a new record at €125.8bn as of end June.