The Lancashire County Pension Fund (LCPF) and London Pensions Fund Authority (LPFA) today announced that the former Chairman of the Pensions Regulator, Michael O’Higgins, will chair their £10bn partnership.
Lombard Odier IM expands its Alternative capability with a Global Macro team
Lombard Odier Investment Managers (Lombard Odier IM), the asset management arm of the Lombard Odier Group has added to its alternative investment capabilities by hiring a dedicated Global Macro team. The team forms part of Lombard Odier IM’s Absolute Return investment (...)
Societe Generale Private Banking Suisse appoints three new members to its executive committee
Societe Generale Private Banking (Suisse) SA has strengthened its executive committee with the appointments of Olivier Lecler, Deputy Chief Executive Officer, Julien Duniague, Head of Sales and Marketing, and Nicole Favre, Chief Operating (...)
David Steyn appointed as CEO and Chairman of the Management Board of Robeco Groep N.V.
Robeco today announces the appointment of Mr. David Steyn (1959) as Chief Executive Officer and Chairman of the Management Board of Robeco Groep N.V. (‘Robeco’) as of 1 November 2015.
Robeco Group N.V. announces the departure of Roderick Munsters, who will resign as Chief Executive Officer and member of the Management Board. Mr. Munsters will leave once a smooth handover to his successor has been (...)
Unigestion to absorb all investment research costs to the benefit of clients
Unigestion, the boutique asset manager that focuses on providing risk-managed investment solutions, today announces that it will pay for all investment research on behalf of its clients in line with the upcoming Markets in Financial Instruments Directive (MiFID) (...)
CalPERS Expands Engagement for Greater Diversity on Corporate Boards to More Than 500 U.S. Companies
The California Public Employees’ Retirement System has sent letters to 504 companies in the Russell 3000 Index regarding diversity on their board of directors. The letters outline the growing evidence that board diversity has a positive economic impact on business (...)
Unigestion expands its fund distribution network by joining the MFEX platform
Unigestion, the boutique asset manager that focuses on providing its clients with risk-managed investment solutions, today announces that it has significantly expanded its fund distribution network by joining the MFEX (...)
Merger of Aberdeen Asset Management and Standard Life completes
The merger of Aberdeen Asset Management PLC and Standard Life plc has completed today to form Standard Life Aberdeen plc, one of the world’s largest investment companies with assets under administration of £670 billion (€737 billion, US$871 billion). The deal between the two (...)
BofA Merrill Lynch July Fund Manager Survey finds cash is king as investors walk the line
According to BofA Merrill Lynch July Fund Manager Survey, average cash balance dips to 4.9% from 5.0% last month, still above the 10-year average of 4.5%; investors note they are overweight cash due to their bearish view on the markets (25%) and preference for cash over (...)