Pan-European asset management firm Candriam Investors Group has taken a 40% stake in private equity property investment management firm Tristan Capital Partners for an undisclosed sum.
Exchange-traded funds and products provider ETF Securities has made 11 members of staff redundant from its London-based workforce of 80.
Hedge funds have surged as equity, currency and fixed income markets saw volatility at the end of January.
Fund managers appear calm about recent market volatility, with some saying economic fundamentals were still good.
UK ethical funds recorded their best-ever inflows in a record-breaking year for the wider British funds industry.
Assets under management (AuM) for specialist emerging markets asset manager Ashmore Group climbed 18% in 2017, reflecting a favourable environment for emerging markets.
Assets under management (AUM) in European funds increased by nearly a trillion euros last year mainly thanks to record flows.
The French financial regulator has called for European convergence over performance fees after finding a number of funds did not implement best practices.
Goldman Sachs Fund Solutions (GMSS) is partnering with French asset manager Amundi to manage Luxembourg-domiciled funds and to expand its alternative Ucits offering.
BlackRock has launched a high income fund which seeks to broaden income sources for investors in a low yield environment.
