US asset management giant BlackRock appoints Dirk Schmitz as new head of business in Germany, Austria and Eastern Europe. Schmitz succeeds Christian Staub and takes over the management of the business in Germany, Austria and Eastern Europe from 22 January. Staub has been responsible for the Institutional Clients business in continental Europe at Blackrock since […]
Geneva-headquartered Quaero Capital has launched the New Europe equity fund, an Ucits vehicle targeting small and mid cap growth companies (smid) with large exploitable opportunities based in Eastern Europe and other peripheral states (including Greece, Turkey and Russia). Quaero Capital’s New Europe fund is aimed at the UK investors and will be focused on quality companies […]
Notenstein La Roche Private Bank Ltd sold a non-strategic Eastern European portfolio containing around CHF 2bn in assets under management to Vontobel. The majority of the respective team will transfer to Vontobel as well. The customer portfolio primarily consists of high net worth individuals (HNWIs) from Eastern European countries. As part of the transaction, the […]
Riga-based CBL Asset Management has announced the completion of the merger of the CBL Eastern European Select Equity Fund into the CBL Russian Equity Fund. Unit holders will be able to manage their shares in the CBL Russian Equity Fund as from 13 July 2017. The CBL Eastern European Select Equity Fund was invested in […]
InvestmentEurope has canvassed views of fund managers and selectors on emerging markets investments in light of the policies emerging from the Trump administration. Investors have come back on the emerging markets segment last Summer but deserted it again right after the election of Donald Trump and because of the forthcoming implementation of protectionist measures by […]
Magda Branet, senior portfolio manager in the Emerging Markets Debt team at First State Investments will highlight the risks and opportunities seen in the asset class when she takes part in the Fund Selector Roundtable Paris on 11 February. Among the factors being considered are the role of central banks, the slowing of China’s economic […]
Aziz Unan, portfolio manager at RenAsset Management, will be discussing opportunities in Eastern Europe and Eurasia when he takes part in the Fund Selector Equity Focus Sweden event in Stockholm on 20 October. Billed as the region where frontier, emerging and developed markets meet, Unan will highlight the investment opportunities he feels are emerging in […]
By Colin Croft, manager of the Jupiter Emerging European Opportunities fund. Given recent events, Eastern Europe could well be the last place that springs to mind for income investors. But for those who take a long-term view, I believe 2015 could present an opportunity to buy into quality businesses in the region with sustainable and […]
On Friday, the Russian currency hit new historic lows against the US dollar. Technically, the CBR will have to intervene only when the ruble falls close to the RUB39/$ level, but before doing so, we think the bank will first opt to hike its interest rates again, possibly even as early as this week. Ruble […]
Jesse Sherman, portfolio manager at Renaissance Asset Managers, answers a Q&A on the recovery in the European periphery.
Societe Generale Securities Services (SGSS) has successfully launched SGSS Gallery, its revamped European client Internet portal.
The departure of President Viktor Yanukovich from office is good news for Ukraine as it paves the way for a political resolution, says UBP’s Zsolt Papp.