LGIM positioning for the retirement flood
Legal & General Investment Management expects new business volumes to grow strongly in 2015 as the firm benefits from the ongoing de-risking of defined benefit pension market.
Companies
-
-
GAM to grow multiasset drop Swiss Global
GAM Holdings plans to strengthen its position in the multi-asset space as it seeks to take advantage of growing demand for outsourced chief investment officer solutions.
-
Carmignac equity fund managers leave for personal reasons
Two Carmignac emerging equity fund managers have left the Parisian investment firm for personal reasons as Xavier Hovasse and David Park take their place.
-
Axa Wealth Intl has moderate FUM growth of
Axa Wealth International has seen modest growth in funds under management which rose by £400m in 2014, despite a “challenging” post-RDR environment.
-
St Jamess Place announces Metro platform
St. James’s Place Wealth Management is to launch a new banking service using Metro Bank as its platform.
-
Axa IMs Asia chief Flood leaves
Simon Flood has left as head of Asia Pacific at Axa Investment Managers after just seven months in the role.
-
Rathbones continues Scotland expansion
Rathbone Investment Management has announced further expansion of its Scotland operation with the addition of an investment director.
-
SLI assets rise 45pc thanks to Ignis
SLI saw its AUM rise by 45% to £245.9bn on the year, with thanks to the acquisition of Ignis.
-
Man Group confirms NewSmith acquisition
Man Group has confirmed it intends to buy boutique asset manager, NewSmith.
-
GAM targets Indian equities with outsourced fund
In a bid to take advantage of continued UK investor interest in India, GAM has launched a new equity fund
-
East Capital launches frontier markets fund
East Capital has launched a new frontier markets fund focused on “young and fast-growing” markets with an emerging middle class and strong consumption growth.
-
Oaktree appoints Harrington Cooper
Harrington Cooper is overseeing delivery of the US’ based asset manager’s open-ended UCITS SICAV range as Oaktree moves to widen its UK footprint.