David Stevenson

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SocGen Securities Services hires Brucoli for Southern Europe

Societe Generale Securities Services (SGSS) has appointed Lucrezia Brucoli as head of coverage to support business development across Southern Europe. Brucoli will be based in...

Standard Life and Aberdeen Asset Management seal £3.8bn merger

Standard Life and Aberdeen Asset Management revealed details of their £3.8 billion (€4.4 billion) deal this morning, which sees two of Scotland’s best known...

Record ‘dry powder’ for PERE investment will lower performance

Two-thirds of private equity-real estate (PERE) firms intend to deploy more capital this year, a survey has indicated. Preqin, a private equity researcher, found almost...

UK drives European equity return for February

The UK was the greatest contributor to the 2.89% total return from European equities in February, as measured by the S&P Europe 350 Index. With...

Investment flows into emerging markets continue to build

Net flows into emerging market assets were $17.1 billion (€16.2 billion) last month, meaning the region’s markets continued their comeback after a disappointing end...

Hunt for returns leads to higher investment levels

Pension funds and other institutional investors increased their level of investment last year by 20%, research indicates – with a distinct demand for smart...

Swiss manager’s “disappointing” earnings

Swiss-based asset manager GAM’s underlying profits before tax fell by 39% last year compared to 2015, due to plummeting performance fees. Earnings from performance fees...

European ETF assets to reach €1 trillion by 2020

ETF usage across Europe is predicted to accelerate and the industry will potentially have €1 trillion of assets under management by 2020. Morningstar said regulatory...

Europe drives down global investor confidence

Global investor sentiment is down for the second consecutive month, led again by Europe, a survey indicates.  State Street’s Investor Confidence Index (ICI) fell 1.6...

Lombard Odier IM partners up for climate change bond fund

Lombard Odier Investment Managers (LOIM) has launched its LO Funds-Global Climate Bond Fund in partnership with Affirmative Investment Management, a fixed income manager specialising...

Alliance Trust deal passed by shareholders

Shareholders sided with Alliance Trust over its future by voting in favour of its strategy, including buying out an activist investor. Alliance Trust will be...

Ireland’s investment fund assets reach new high

Assets under management in Irish-domiciled funds hit a record €2.1 trillion last year, driven by a record level of net sales of €139 billion. Data...

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