Italian real estate manager Sorgente has had its rating upgrading by Moody's, to MQ2 from MQ3 on the back of successful performance, customer retention and continued implementation of additional risk management and investment process controls.
Nomura Holdings has established a new CEO/COO office and made a number of new management appointments in a bid to enhance its global strategy and strengthen cross-regional collaboration.
Mercer, the consultancy, has developed a range of white labelled funds with names reflecting their risk and return profile to improve pension outcomes for members of defined contribution pension schemes.
Investor appetite for emerging markets has held steady for a number of years so now, with rampant unrest in the Middle East and North Africa, it is natural to question whether the turmoil will quell this hunger.
M&G Investments has lost its chief executive of equities, Ed Rosengarten, to a small privately owned firm with asset management ambitions.
External gross new business at Scottish Widows Investment Partnership (Swip) in 2010 was £3.1bn, the fund management company, which is owned by Lloyds Banking Group, said last week
