Boston-headquartered investment firm Congress Asset Management is to acquire Century Capital Management, an investment adviser providing asset management services to institutions and individuals. Boston-based Century Capital Management runs two mutual funds, Century Shares Trust, a large cap growth fund, and Century Small Cap Select Fund, a small cap growth fund as well as individually managed separate […]
Kleinwort Benson Investors International (KBII) has opened the doors to its third US office – in Boston, Massachusetts. The Dublin-based asset manager has taken a five year lease on 1,677 square feet of space on the 36th floor of One Boston Place, one of the City’s most iconic buildings. KBII opened its first US office […]
Standard Life Investments has launched a Sicav version of its Global Equity Unconstrained strategy, to mirror the existing Oeic strategy that launched in January 2007. The move comes in response to international investor demand for the strategy, the manager said. Over the five years to the end of 2014, the fund returned 86.7% against a […]
InvestmentEurope recently caught up with Kelly Young, senior vice president and managing director of Acadian Asset Management UK (Ltd), one of two investment advisory affiliates of Acadian Asset Management, LLC, the $71bn Boston, US, headquartered manager, which itself is a subsidiary of London, UK, based Old Mutual. Acadian offers equity, long/short, managed volatility and fixed income […]
Standard Life Investments has signed a “Global Collaboration Agreement” with Manulife to distribute the UK manager’s funds into Canada, the US and Asia – with an eye to more than treble SLI’s AUM distributed by Manulife within three years from the £3.3bn level recorded in the first half of 2014. The deal will also firm […]
Natixis Global Asset Management has added two senior executives to its international product group. The duo comes from Standard Life Investments and Wellington Management, respectively.
Boston-based Loomis Sayles, a Natixis Global Asset Management subsidiary, has set up new offices in London to reinforce its client base in Europe and have real time access to European markets.
In volatile markets, many investors have headed for gold, cash or highly defensive equity holdings. But others are persuaded by the opportunities in emerging market debt.