Last Updated on Wednesday, 05 October 2011 14:28
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July 2007
July 2007
Watson Wyatt, an investment advisory firm, has won a mandate to provide investment consulting services to Chaucer Holdings. The investment advisory appointment, which includes the selection and monitoring of Chaucer’s hedge fund investments, follows other recent appointments in the non-life insurance sector.
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Skandia Investment Management has selected JP Morgan Asset Management to run an £18m (€26.6m) mandate for its Bond Income fund.
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There may be some European financial institutions looking beyond China in the Asian market, such as India and Korea, but it’s not hard to find managers still singing China’s praises.
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Growth in Asian economies is impacting how many fund managers invest, even if they are not specifically focused on Asian markets.
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Fund management traders need multi-asset trading technology as they move towards more sophisticated investment techniques, a report by the Tabb Group says.
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At least 30 UK funds with £8bn in assets under management might have to be re-domiciled in Ireland due to proposals by the European Commission.
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German asset management institutions should see fierce competition from large as well as small specialist external managers, as the region has become an ideal location to set up shop, according to Fitch Ratings.
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Private banking group Société Générale continues to deny that it is launching a bid for rival BNP Paribas. A spokesperson said Société Générale’s position had not changed and referred to chairman and CEO Daniel Bouton’s statement issued last month.
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