New City Initiative pushes for a strengthening of fund ties between the UK and the APAC region.
Asset News has canvassed fund distribution experts' views over the recent purchase of Spain's Sabadell AM by Amundi.
Mixed asset funds were 2019’s biggest winners as a last-minute turnaround saved equity funds from heading into outright outflows for the first time.
UBS Fondcenter, the B2B fund distribution platform, will merge with Clearstream’s Fund Desk, with approximately $230bn in assets under administration (AuA). The Swiss group expects a post-tax gain of around $600m.
Investment funds in Norway have boarded net new subscriptions of NOK 47bn (€4.76bn) over 2019.
Data compiled by Swiss Fund Data and Morningstar suggests a 14.5% year-on-year rise in assets.
Global ETF/ETP assets hit a new record, touching $6.35trn at the end of December 2019.
Defying predictions, 2019 turned out to be the best investment year for the Danish fund industry since 2009.