Luxembourg is Europe’s largest holder of investment fund assets with 26.5% of the total, a 4.7% drop since 2010 and a big blow considering its Irish rival upped its share of the industry in 2011.
The international arm of US investment company Janus Capital has expanded in the Netherlands, opening a new office and appointing Sander Van Der Ent (pictured) as head of the Netherlands business.
Fitch has upgraded Casablanca-based BMCE Capital Gestion's asset manager rating to M2+ from M2 to reflect its renewed IT infrastructure having implementated portfolio and risk management solution, Sophis Value.
Aviva Investors has revised its expectations for European real estate downwards but the UK group, BNP Paribas and LaSalle Investment Management argue Europe can offer investment opportunities in esoteric real estate sectors.
International real estate advisor Savills has appointed David Poole (pictured) to head its valuation team in France.
Aviva Investors a été choisi par la banque égyptienne Ahli United Bank (AUB) dans le cadre d'un nouveau mandat de multi-gestion en immobilier.
The new head of French fund selector Primonial Asset Management, François Barthelemy, will be responsible for its growth strategy and management activities.
Lyxor Research explains why it believes hedge funds will be less correlated to markets in 2012 and deliver better performance than last year.
French President Nicolas Sarkozy has unveiled a Twitter account ahead of appearing on French television tonight where he is expected to announce his candidature for the upcoming presidential elections.
Paris-based fund group Comgest confirmed its optimistic outlook for emerging market countries in 2011 despite predicting slow global economic growth in coming years.
Chris Bullock, gérant du Horizon European Corporate Bond Fund, livre son point de vue sur les tendances du marché du crédit en ce début d’année et sur les perspectives d’évolution pour 2012.
Bond funds saw net inflows of €4bn in December, the first time similar inflows have been recorded since July 2011, while long-term Ucits and equity funds saw limited outflows as investor confidence returned.
The Lyxor Global Hedge Fund index was up 1.3% in January, reversing its downwards trend in 2011 thanks to special situations, equity long bias and convertible bond strategies.
Hong-Kong based MW GaveKal has launched the MW GaveKal China Fixed Income strategy, a long only Ucits fund aimed at European institutional and professional investors.
French regulatory body the AMF has announced the end of the short selling ban regarding French securities of the financial sector.
French fund house Carmignac Gestion has increased its exposure to equities, emerging markets and energy while taking a cautious approach to European sovereign debt, favouring US bonds for safe haven appeal.
Financials, industrials, utilities and energy sectors could recover earnings growth in 2012 while IT earnings will suffer, an S&P Capital IQ analyst survey has found.
Assets in ING Investment Management’s Liquid Euro money market fund have jumped 28% since the end of 2011 to €6bn, despite heavy redemptions from other European money market funds.
Eurozone equities could be set for a bumper year with Paris-based Edmond de Rothschild Asset Management backing the asset class with the launch of EdR Euro Convictions.
Ralph Bruneau (illustré) se voit confier la direction de la gestion actions chez OFI AM à la suite des départs de Thierry Pauwels et de Pierre-Alexis Dumont la semaine dernière.
Brazilian investment banking group BTG Pactual and Chilean investment manager Celfin Capital have merged to form a new Latin American investment bank targeting asset management opportunities across the region.
La banca española BBVA refuerza su presencia en Castilla y León con la apertura de un nuevo centro de banca privada en Valladolid.
Banco Santander is hoping emerging markets, particularly demand for private banking services in Brazil, will boost profits in 2012.
A group of small but ambitious French merger arbitrage managers bucked the trend for negative performance in 2011 and are planning a repeat performance for 2012.
Societe Generale Private Banking has strengthened its position in the French market by establishing new private banking teams in Nantes, Nice and Toulouse.
Fixed income asset management group Rogge Global Partners has entered a joint venture with third party marketing company Alfi Partners hoping to find new business in Europe's French-speaking regions.
A European financial transaction tax (FTT) may not counteract disruptive market behaviour and will slow down economic growth rendering it “undesirable,” the Dutch central bank has stated.
Le JP Morgan Macro Hedge US TR Source ETF est lié à l'indice systématique conçu par JP Morgan et vise à permettre aux investisseurs de s'exposer à la volatilité de manière financièrement avantageuse.
Merrill Lynch Wealth Management has appointed five financial advisors to its Middle East operations to be based in Dubai and Beirut having poached several new staff from HSBC Private Bank.
Inès de Dinechin (pictured) has been appointed chief executive of Paris-based Lyxor Asset Management, replacing Laurent Seyer who was appointed chief executive of the group in 2006.
BNP Paribas China, en collaboration avec l'activité Microfinance chez BNP Paribas, a accordé récemment un prêt de 1,8 millions d'euros à MicroCred Nanchong, une institution de microfinance.
Despite most central banks targeting inflation of 2%, Dutch investment manager Robeco does not believe they will reach this goal, estimating inflation will hover at 3% in the long term.
If Portugal, Italy, Ireland, Greece and Spain exit the eurozone there would be a 25% rise in the euro against the dollar, a 40% drop in the euro yield curve, a 20% drop in euro equities and a 15% drop in US equities, according to research from Sungard....
Banco Santander hopes emerging markets, in particular demand for private banking services in Brazil, will buoy profits in 2012.
Philippe Gougenheim (pictured), former head of hedge funds at Swiss group Unigestion, has announced the launch of his new management company, Gougenheim Investments, based in Pfaffikon, Switzerland.
Le spécialiste du marché obligataire d’entreprise Muzinich & Co a reconnu une forte progression de ses encours sous gestion en 2011. Les encours des clients de la zone francophone ont crû de 80%.
Le gestionnaire d’actif Russell Investments a nommé Pascal Duval (illustré) comme directeur exécutif de ses activités au sein de la zone Europe, Moyen-Orient et Afrique (EMOA).
Le groupe Suisse Unigestion a nommé Nicolas Rousselet (illustré) en qualité de managing director, responsable des hedge funds. Rousselet devient également membre du comité exécutif d'Unigestion.
First State Investments International has opened of a branch office in Paris - its first corporate address on the continent.
Margin Call addresses the ugly subject of dark trades at an investment bank before global economies fell apart in 2008. Madison Marriage looks at why it has resonated with audiences across the world.
French manager OFI Asset Management’s 2012 conference exposed a range of views on growth in the eurozone, the US and emerging markets this year.
Russell Investments consolide sa présence sur le marché français en recrutant Alain Zeitouni (illustré) et Cédric Denais pour son bureau parisien.
Verena Ross (pictured), executive director at the European Securities and Markets Authority (ESMA), said increased competition between new and established credit rating agencies could harm their credibility.
Face à l’annonce de l’abaissement des notations souveraines européennes, les commentateurs ont souvent adopté une focale française, dit La Française AM. Or les investisseurs institutionnels sont également confrontés au changement de notation de l’Italie....
Aberdeen Asset Management has appointed Sandra Craignou (pictured) and Frédéric Lejeune as joint heads of its French business.
Three major French banks (Crédit Agricole, Société Générale and BPCE) have been downgraded by Standard & Poors. BNP Paribas is the only major French bank to be exempt from the ratings cull.
As the likelihood of Greece undergoing a disorderly default and exiting the eurozone increases, rating agency Moody’s has cut the rating of Greek covered bonds.
BNP Paribas Securities Services has expanded its hedge fund and fund of hedge fund administration services for both Ucits and offshore funds via a new investment programme.