News from SEI, American Century, Heartwood, Hermes BPK, IMA, Morningstar, Fundsmith, Bramdean AM, SYZ AM and Lipper
Prosperity and academic excellence often go hand-in-hand. James Norris attends Pioneer Investments’ European Colloquium in Iseo, Lombardy where, centuries ago, Benedictine monks were given tax breaks to cultivate the Franciacorta vines that helped underpin the region’s economic ascendance.
Hermes BPK Partners, the hedge fund investment arm of institutional manager Hermes, is to support and seed hedge fund businesses as the climate for start-ups in the $2trn industry re-emerges.
Allocators believe that there are not enough experienced local European distressed debt managers to satisfy the investment potential that lies ahead.