The Lyxor hedge fund Index was up +0.8% in April, bringing year-to-date performance to +3.2%. Twelve Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Lyxor L/S Equity Market Neutral Index (+3.9%), the Lyxor CTA Long Term...
iShares has expanded its European corporate bond suite with a new bond ETF focused on financial issuers.
EMEA Capital, an independent asset manager with offices in the United Kingdom and Switzerland, has appointed Can Uran as managing partner and chief investment officer.
Italy’s Azimut posted €307 m net inflows in April, with more than €260m attracted to the Luxemburg funds AZ Fund 1 and AZ Fund Multi Asset.
Italy’s Banca Generali has posted its Q1 consolidated results, with net profit of €35.5 million (-9% compared to the same period of 2012) of which €16.1 million attributable to non-recurring revenues.
Alternative UCITS funds registered the best inflows into the sector with 7.3bn inflows, according to data released by MondoAlternative.
Global managers’ search activity increased in 2012 as institutional investors looked to diversify their portfolios, pursuing opportunities in Global/International Equity, US Equity and Emerging Markets Equity asset classes, according to data released...
Geneva-headquartered Lombard Odier Investment Managers (LOIM) has appointed Carolina Minio-Paluello as deputy chief investment officer to help build on the business’ pioneering risk-based approach to portfolio construction for institutional clients.
Deutsche Börse has launched a new “Market Data +Services” segment that combines its Market Data & Analytics unit with its external technology and connectivity services.
The Italian economy could start its gradual recovery in the second half of this year, but its GDP is likely to contract of 1.3%, according to data published today by the European Commission.
Global ETPs attracted $10.3bn in April, keeping year to date flows at $79.9bn, ahead of the $66.3bn of inflows accounted for during the same period in 2012, according to data published by BlackRock.
A survey published by Roland Berger has found that corporate headquarters in Europe are growing in size, but it's important that they add value to the entire group.
Northern Trust has established an office in Frankfurt, Germany, as part of a continuing commitment to servicing clients as close to their home market as possible.
Italy’s Banca Generali posted total net inflows of €241m in April, of which €121m gathered by the Banca Generali network and €120m gathered by the Banca Generali Private Banking.
Wealth managers and private banks have been urged to copy the customer service offered in the luxury goods sector if they want to retain high net worth clients.
F&C Investments is set to launch a global smaller cap equity fund as favourable economic fundamentals, based on increasing investor demand for small cap exposure.
The Organisation for Economic Cooperation and Development (OECD) has warned Italy that the country must implement spending cuts.
The hunt for yield continues for European fund investors, Morningstar has warned in its latest European asset flow data.
While the cost of supporting the banks may be higher than the government has envisaged, Slovenia will not join the club of the bailout countries in the near term, according to Morgan Stanley.
Legal & General said today its recent move to take over fund supermarket Cofunds will lift assets in its savings arm above £100bn to a new record high when the deal completes.
Schroders posted £115m profit before tax in the first three months of 2013, with net inflows at £5.6bn and total assets under management at £236.5bn, up from £212bn at the end of December.
Jon Moulton has been appointed director and chairman of the Channel Islands Stock Exchange (CISX). He takes over from interim Chairman, Advocate Graham Hall, who remains on the Board and will temporarily assist to ensure an effective handover.
The hedge fund industry has grown rapidly over the last 20 years, weathering numerous challenges, including the 2008 financial crisis, to reach new highs both in terms of assets and the number of funds.
Major private equity firms have formed a new non-profit global industry body, the AltExchange Alliance, which will offer the first comprehensive standard for data formats.
S&P 500 reached of 1597.57 in April, and the first quarter is set to post the highest operating earnings in history, even as sales show minimal growth, resulting in near record margins.
European institutional investors have warned that a regional financial transactions tax could deter them from investing in fast-growing companies.
NYSE Euronext (NYX) is beefing up its strategy and resources for small and medium-sized companies (SMEs) by launching a subsidiary dedicated to these businesses.
Emerging Market Debt is one of the most dynamic fixed income markets in terms of the number and range of issuers, all at different stages in their economic and political development.
SEI's investment approach has been widely supported in the US but is less well known in Europe, Addison says. It starts with a client's attitude to risk at various points in their life. "People have different needs at different times. Yet we find that...
Matthews Asia has expanded its Luxembourg-domiciled UCITS fund range with the launch of the Matthews Asia Small Companies Fund, which provides investors exposure to a portfolio of equities of small capitalisation companies located in Asia excluding Japan....
Henderson Global Investors and Palmira Capital Partners have acquired a distribution centre in Bruchsal, Germany from a foreign investment Fund.
AXA Investment Managers has appointed Garry Murdoch as global head of compliance, reinforcing the firm's commitment to maintaining the highest standards in risk management and oversight.
HSBC has appointed Matteo Pardi as chief executive at HSBC Global Asset Management France.
Rule Financial has appointed Graeme Wood as a principal consultant in the Domain Group, to Jim Warburton, head of the group.
Financial services platform Cofunds is planning to hit 3,000 clean share classes on the platform by July.
Italy has a new Prime Minister, Enrico Letta, and a new grand coalition government, which according to Credit Suisse represents a better-than-expected ending.
Amundi has appointed Laurent Guillet as chief executive of its London Branch.
Institutional investors could increasingly consider allocation to alternative indexes as the new active decision in beta management, according to new research by the asset management business of Northern on 51 global institutional investors, representing...
ACG Group has completed the acquisition of Groupama Private Equity, which changed its name to ACG Capital.
Since the beginning of 2013, Italy’s asset management industry has confirmed month after month a positive trend in terms of asset inflows. According to the latest data published by industry association Assogestioni, in March the sector attracted positive...
The European ETP sector will exceed $900bn in size by the end of 2017, as the use of ETPs spreads further across the continent and into new investor segments, according to Mark Wiedman, global head of iShares.
BlackRock has launched two new Emerging Market Debt funds for European investors, following last year’s appointment of a seven-strong Emerging Market debt team, and reflect the firm’s increased commitment to helping investors capture opportunities within...
Technology is no longer a natural overweight position in growth funds, due to the sector’s cyclical nature, competitive markets and low barriers to entry, according to Legg Mason asset manager ClearBridge Investments.
Italy’s newly re-elected President Giorgio Napolitano has given the mandate to form a government to Enrico Letta, former deputy secretary of the left-wing PD party. According to HSBC, Italy is finally coming out of its political stalemate.
The Bank of Spain estimated recently that Q1 real GDP contracted by 0.5%. According to Barclays, both the survey and hard data on economic activity point to a deceleration in the pace of economic contraction and to an overall growth rate of -1.6% in 2013....
Paris-based La Française Asset Management has opened a new line of business with an investment solutions unit.
Legal & General Investment Management (LGIM) has appointed Chris De Marco as head of client strategy, reporting to Aaron Meder, global head of solutions.
GAM has announced that its recently launched discretionary fund management (DFM) offering for the UK adviser market is now available on financial services platform Cofunds.