Swiss company Vontobel Asset Management has appointed Andreas Faeste as senior institutional relationship manager to expand its client reach in Australia and New Zealand. Faeste will focus on the distribution of Vontobel’s fixed income capabilities. Prior to joining Vontobel, he was served firms such as Voya Investment Management, Perennial Investment Partners and Deutsche Asset Management […]
Australia & New Zealand Banking Group (ANZ) said it is to sell its retail and wealth-management businesses in five countries in Asia to Singapore’s DBS Bank, to focus instead on institutional banking in the region, as it looks to “focus on attractive areas” in the market in which it is able to “carve out winning […]
Paris-headquartered BNP Paribas Investment Partners has appointed James Langlands as head of Advice Business for Australia and New Zealand. Langlands’ responsibility will be to grow the firm’s funds under management by working with dealer groups, private wealth firms, family offices, consultant and research houses, platform providers and other key influencers in the market. With 20 years’ industry experience, […]
Nikko Asset Management has promoted Peter Lynn to a newly formed global role, the Tokyo based asset manager has announced. Lynn, who was formerly Managing Director of Nikko Asset Management New Zealand, will head global product promotions in Singapore effective from November 18, 2015. He is globally responsible for products across a range of asset […]
Australian banking group ANZ has announced the opening of a branch in Paris which aims to provide wholesale banking services to French multinational companies doing business in Asia Pacific. The Paris office will strengthen ANZ’s presence in Europe as the firm has also offices in London and Frankfurt. This opening extends the group’s international network to […]
PraxisIFM – the company resulting from the merger of Guernsey based Praxis Group and Jersey based IFM Group – has received regulatory approval and will now look to rename its businesses globally. The new group has over $30bn in assets under administration, and serves clients through nine offices employing some 200 people worldwide. In Guernsey […]
BNY Mellon has registered its Asian Income Fund in Spain. The fund derives from a strategy launched by BNY Mellon’s boutique Newton Investment Management back in 2005. It is part of the BNY Mellon Global Funds range and it will give Spanish investors access to a concentrated portfolio of Asian equities. The geographical breakdown excludes […]
Jan Dehn, co-head of research at Ashmore Investment Management, has discussed the position of emerging markets amid a world that is deleveraging.
The Reserve Bank of New Zealand (RBNZ) is proposing to implement the capital conservation and countercyclical buffers of the Basel III framework in full from January 1, 2014 – two years ahead of the timetable set down by the Basel Committee.
Embattled Greece tops the global table of the most risky sovereign credits in the world, as it has been for much of the past year, while Norway continues to head the least risky sovereign issuers, according to a report on liquidity metrics from CMA Datavision Bonds, which provides independent, intraday pricing on some 1,400 single name CDS and CDS indices.
A financial crisis induced by the West may come and investors should fasten their seatbelts in the coming months as markets could be very volatile, says Michael Power, global strategist at Investec Asset Management.
Ugo Lancioni, manager of the Neuberger Berman Diversified Currency Fund, writes in his latest quarterly note that the market is still focused on safe havens.