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People Moves Nomura Asset Management continues to strengthen its Emerging Markets Equity Team as investor appetite grows
Nomura Asset Management U.K. Ltd. (NAM UK) has appointed Nick Payne as a Latin American Portfolio Manager to bolster its coverage across the region.
News CalPERS Adopts New Demographic Assumptions
The Board also adopted an asset allocation mix that lowers the CalPERS investment risk but largely keeps its investment strategy unchanged, holding the fund’s long-term assumed rate of return at 7.5 percent.
People Moves Chi-X Japan Appoints Makoto Nagahori as President and COO
Chi-X® Japan Limited, a wholly owned subsidiary of alternative market operator Chi-X® Global Holdings LLC, today announced the appointment of Makoto Nagahori as President and COO of Chi-X Japan.
Note Fitch: EU Asset Managers to Rationalise but M&A Spree Unlikely
European asset managers are set to rationalise further, but a widespread M&A spree is unlikely, Fitch Ratings says. Most managers may opt for less intrusive strategies, such as a reduction in the number of funds and cost-cutting, to tackle margin pressure in a fragmented (...)
Regulation ESMA tells firms to improve their selling practices for complex financial products
The European Securities and Markets Authority (ESMA) has published an Opinion on practices to be observed by investment firms when selling complex financial products to investors. ESMA is issuing this opinion to remind national supervisors and investment firms about the (...)
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