Italian asset manager Azimut has launched a New York-based company, Azimut Alternative Capital Partners.
Ed Louis, lead analyst of Cerulli Associate’s latest report on US Intermediary Distribution 2019: Capitalizing on Specialization, elaborates on the key drivers behind the organic growth of larger American asset managers that could help the growth trajectory of smaller firms.
Vincent Taupin, chief executive officer of Edmond de Rothschild group, details its recent delisting, the new organisational set-up and prospects for acquisitions.
The Belgian financial group said 300 out of the 1,400 functions will be near-shored to its service centers in Czech Republic and Bulgaria.
The deal will see Mapfre taking 10% stake in Abante Asesores' capital through capital increase with option to up it to 20% over the next three years.
Pierre Moulin, global head of products and strategic marketing at BNP Paribas Asset Management, elaborates on the 100% ESG integration for its flagship funds, while delving into the tricky areas of sustainable investing.
The introduction of China A shares into global indices, increasing ownership by foreign companies in their local joint ventures, Bond Connect initiatives and other regulatory reforms have made China a favourite emerging market option for European investors to diversify their portfolios.
The two groups have agreed to put up a business and capital alliance
UEFA and Santander launched a financial management programme, helmed by former international players Gaizka Mendieta and David James, to help football players of all ages avoid making poor financial decisions.
Asset managers and owners in Norway, the biggest contributor to Brazil's Amazon fund to protect the rain forest, have started excluding investments in the country in the aftermath of the forest fires.
Projections for 2019 show a reduction of about 6% in the gross margins of the industry, according to latest research by consultancy and research firm Prometeia.