Loomis, Sayles & Company, an affiliate of Natixis Investment Managers, announced that Kevin Perry, portfolio manager on the senior loan team, will retire in March 2019 after 17 years with the company and 37 years in the (...)
Loomis Sayles announces changes to global fixed income team leadership
Kenneth Buntrock, portfolio manager and co-team leader of the global fixed income team to retire in March 2019. Longstanding portfolio managers Lynda Schweitzer and Scott Service elevated to leadership roles...
BNP Paribas Asset Management appoints Peter Abbott as Head of European Large Cap Equities
BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Peter Abbott as Head of European Large Cap Equities, with effect from 1 October. He will be based in London and will report to Guy Davies, CIO, Fundamental Active (...)
David Abitbol appointed Head of Societe Generale Securities Services
Societe Generale appoints David Abitbol as the new Head of Societe Generale Securities Services (SGSS). This appointment will be effective as of 1 st January 2019. Based in Paris, he will report to Séverin Cabannes, Deputy Chief Executive (...)
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 (...)