Columbia Threadneedle Investments has appointed Benjamin Boyer to the newly created role of sales director, financial institutions for the Romandie and Ticino regions of Switzerland with immediate effect.
Asian emerging markets equity specialist Mirae Asset Global Investments is aiming to build on inflows to its Sicav funds by adding sales people in London and Hong Kong.
From multi-asset strategies to funds of funds, there has always been demand for products that can spread risk across portfolios. George Mitton talks first to a top-down, multi-asset investor, and then to a fund of hedge funds provider who prefers a bottom-up approach.
Manny Roman, the chief executive of London-listed hedge fund company Man Group, reports a slowdown in sales in the third quarter (Q3), in its GLG unit, though net flows overall were just positive at $0.4 billion (€0.3 billion).
Invesco Asset Management has hired Claudia Raoul as fund manager for its Paris-based multi-management team.
Hedge fund fees are coming under more scrutiny, according to a poll that found investors have little tolerance for extra expenses.
