Dow Jones Indexes and Sam, the sustainability investing boutique, have created the Dow Jones Sustainability World Enlarged Index on the back of investor demand for a broader sustainability index.
Franklin Templeton Global Investors is broadening its UK reach and looking to develop core UK equity products through the acquisition of Rensburg Fund Management for £45m (€52.6m).
More investment by US and foreign multi-national companies to make the US a production base for exports could help reduce the national trade deficit in the coming years, says Joseph G. Carson, US economist and global economics research director at AllianceBernstein.
Citigroup sold its real estate investment management business to private equity firm Apollo Global Management for an undisclosed sum.
UBS Global Asset Management, the asset manager and fund administration provider, said it is to develop 'on-the-ground' services in the Asia-Pacific (Apac) region in response to client requests. The firm said the move will also help it capture the region's growth potential.
Risk transfer deals by corporate pension schemes reached £9bn by September this year and, according to consultancy Hymans Robertson, a storm of new deals is due to flood the market.
