2017 was described as an “exceptional” year for fund sales in Europe after setting a new record.
2017 was described as an “exceptional” year for fund sales in Europe after setting a new record.
Capital market changes including how fund managers pay for securities research has been linked to “bulge bracket” brokers losing market share to smaller firms.
Amundi just beat BlackRock in January to be the firm with the most sales in Europe, data shows.
Law firm Reed Smith has appointed a partner from a rival firm and said it had a strong need for more seasoned finance partners as it vies to become the leading firm in European fund finance.
Amundi has appointed a senior financial analyst from within its own ranks as head of corporate engagement.
Twenty asset managers are now supporting a French project to bring blockchain technology to fund distribution.
The demand from millennials for education about investing is higher than other ways in which they could increase their financial knowledge, such as savings or managing debt, a survey found.
RPMI Railpen and two other institutions are committing hundreds of millions of dollars to lesser known alternative investment managers.
The amount of investors in hedge fund strategies regulated by the Ucits regime has shown an increase and is expected to rise, albeit slightly, this year.
Fidelity International has reversed its decision made last year to charge clients for securities research rather than foot the bill itself.
