French banking giant Societe Generale has agreed to buy Commerzbank’s equity, markets and commodities (EMC) business for an undisclosed sum.
French banking giant Societe Generale has agreed to buy Commerzbank’s equity, markets and commodities (EMC) business for an undisclosed sum.
Net sales of Ucits funds rose to €45 billion in April up from €38 billion in March, according to figures published today by the European Fund and Asset Management Association (Efama).
US funds giant State Street has appointed Geoff Pullen to the position of managing director for the alternatives investment sector for the Emea region.
European Fund Administration (EFA), the Luxembourg-based firm that does exactly what its name says, has hired a trio of specialist fund administrators in the first significant move of Noel Fessey (pictured) since he left Schroders to become EFA chief executive.
The market downturn in the first quarter (Q1) this year meant that only 40% of global equity products either outperformed or matched their benchmarks – a fall from the final quarter of last year when none of the products lost money, research indicates.
European insurers are leading the charge for alternative income assets, with pension funds following suit in both Continental Europe and the UK.
Similar to Italy, Spain has experienced political shockwaves recently in the form of a no-confidence vote that forced Prime Minister Rajoy to step down, writes Hartwig Kos.
Germany’s open-ended investment funds market collected €5.5 billion in net inflows in April, according to figures from the national trade association BVI.
Paris-based smart beta investment manager Ossiam has launched an exchange-traded fund (ETF) which incorporates environmental, social and governance (ESG) criteria.
Allocations to European stocks fell to an 18-month low in early June – and the intention to own them fell even faster.
