Long seen as leveraged plays on the market, asset managers’ improving cash positions may give them more defensive qualities as they face up to a changing fund management landscape.
Citigroup has appointed Renzo Arcoria as head of the bank's markets division in Italy.
Citi will offer renminbi accounts domiciled in the UK a part of its launch of cash management and trade solutions for the increasingly international trade in Chinese currency.
Santander Asset Management’s head of fund selection identifies the advantages of being a global company.
Citi has named Ruud Hendriks as a senior adviser for its markets businesses in the Netherlands. The financial services group is seeking to extend its reach in the Netherlands.
Morgan Stanley wants to buy out Citigroup’s remaining stake in their wealth management joint venture Morgan Stanley Smith Barney this year, in a deal that could be worth about $10bn
Middle East private equity manager Abraaj Capital,has appointed Citigroup to provide fund administration services for Riyada Enterprise Development, the $650m small and medium sized enterprise fund of the Abraaj Capital group.
The Euro has found a new role in the carry trade, as the interest rate differential with other G10 currencies widens and as its value slides, in particular against the USD.
Sterling hit a 16-month high against a weakening euro this week, as markets lose faith in the EU leaders’ ability to find a credible and permanent solution to the Eurozone crisis.
Citi Private Bank has affirmed overweight ratings on US corporate investment grade bonds and core Europe equities.
The myriad terms used to describe investment strategies, such as ‘ethical’, ‘sustainable’, ‘SRI’ or ‘ESG’ may be clouding the investment universe.
Legg Mason is banking on the expertise offered by its multi-boutique business model to unlock the already crowded Italian market.
The ongoing financial crisis is reshaping business models in Europe’s asset management industry, and there is more turbulence to come, Schroders’ vice chairman Massimo Tosato tells InvestmentEurope.
As the list of top international funds houses in Milan grows longer, so the local management landscape is changing.
Citigroup has published a white paper identifying and discussing five key issues facing investors in the wake of the Dodd-Frank reforms.
Citigroup and Scotia Capital have predicted a 0.2% contraction in GDP growth for the second quarter, renewing fears of a double-dip recession in the UK.
Product innovation must be driven by client need, requiring tailored investment solutions, says a new report
The ongoing interest among asset managers in financial innovation needs to be put in context of client needs and expectations as the record of industry innovations remains decidedly mixed, a study covering $29trn of assets suggests.
Inalytics hires for fiduciary manager analysis, Citi Lux securities and fund services to target investors in southern Europe and Latin America.
Fidelity loses Swiss fund rating, ING IM Liquid Euro fund gains top rating, five Ucits funds set to launch on Merchant Capital platform, Citi opens Lux securities desk
Former Asia Pacific CEO at ING Investment Management (ING IM), Alan Harden, has moved to the asset management arm of rival banking group BNY Mellon.
A fund from the US arm of ING Investment Management (ING IM) investing in emerging markets equity securities which pays dividends has raised $385m in its initial public offering (IPO).
RBC Dexia has made an additional hire to boost its presence in Switzerland and Luxembourg, following another recent appointment in the region.