State Street Global Advisors Appoints Head of Core Beta Research Team in London
State Street Global Advisors (SSGA), the asset management business of State Street Corporation, announced the appointment of Julian Harding as managing director and global head of core beta research.
CalPERS Names Marlene Timberlake D’Adamo as Chief Compliance Officer
The California Public Employees’ Retirement System (CalPERS) announced the selection of Marlene Timberlake D’Adamo as Chief Compliance Officer (CCO). She assumes her new role on April 11.
Evelyn Tortosa joins CNP Assurances as Group Compliance Director
Evelyn Tortosa joined CNP Assurances today as Group Compliance Director. As the Group Compliance Director plays a key role in the Solvency II Directive, she will report to the Managing Director.
The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Anneli Tuominen as its Vice Chair. Ms. Tuominen, who is the Director-General of the Finnish Finanssivalvonta (FIN-FSA), will serve a 2½ year term effective (...)
Departure Does Not Impact Henderson Horizon Pan European Equity’s "Strong" Rating
Fitch Ratings has said that the departure of the co-manager of the Henderson Horizon Pan European Equity Fund, William Stormont, will not affect the "Strong" rating assigned to the fund.
Credit Suisse agrees to sell ETF business to BlackRock
Credit Suisse today announced that it has signed an agreement to sell its exchange traded funds (ETF) business to BlackRock, Inc. (BlackRock). This is an important strategic step in an industry that requires significant scale, and allows Credit Suisse to realize value in a (...)
Legg Mason and Permal Announce Acquisition of Fauchier Partners
Legg Mason, Inc. and affiliate Permal have announced a definitive agreement to acquire Fauchier Partners, a leading European based manager of funds of hedge funds, from BNP Paribas Investment Partners. Fauchier Partners will be combined with Permal, one of the largest (...)
Credit Suisse Partners with Qatar Holding in Asset Management Joint Venture
Credit Suisse AG and Qatar Holding LLC today announced that they have signed an agreement to form an asset management joint venture - Aventicum Capital Management...
Julius Baer to acquire Merrill Lynch’s International Wealth Management business outside the United States from Bank of America
BofAML will provide certain products and services to Julius Baer, including the provision of global equity research, product offerings, as well as structured and advisory products. In addition there will be cross-referral of clients between both (...)