Japanese brokerage firm Nomura is planning to cut hundreds of jobs across London and Europe, and blames the state of global markets.
Japanese brokerage firm Nomura is planning to cut hundreds of jobs across London and Europe, and blames the state of global markets.
Italian asset manager Azimut is to acquire Australian equities boutique Sigma Funds Management.
Candriam Investors has expanded its Brussels-based biotech equity strategy team, with the appointment of Servaas Michielssens as senior biotechnology analyst.
AXA Investment Managers has appointed Pierre-Emmanuel Juillard to managing director of a new investment team, focused on liquid absolute return strategies.
Misys, a software firm, has partnered with Dorsum, a central European software shop, to give people online investment functionality through their bank accounts.
The UK referendum on June 23 about whether to stay in the EU could have disastrous effects on investors’ portfolios if the Brexit option is chosen, says index provider MSCI.
Insurance companies remain invested in higher risk assets despite the cost pressure of Europe’s Solvency II Directive, which was expected to drive asset allocation into bonds, research has found.
Momentum from Norwegian investors for equity funds has continued, official figures show.
Active funds in Europe focused on Dutch equities have the worst record for underperforming their benchmarks, with 100% of them seeing losses against their reference indices over a five-year period.
Flows into emerging market equities and bonds were supported by expectations that the US Federal Reserve would hold interest rates last week, data shows.
