Nomura appoints David Hague as a Managing Director in its EMEA Debt Capital Markets business
Nomura, Asia’s global investment bank, today announced the appointment of David Hague as a Managing Director in its EMEA Debt Capital Markets (DCM) business. David will be responsible for FIG DCM with respect to Nomura’s financial institution clients across the UK and (...)
Jean-François Baralon, Head of finance and operations and a member of the executive committee, is appointed Deputy Chief Executive Officer, Natixis Asset Management. Christine Lacoste, previously Head of Marketing, is appointed Head of networks and distribution support (...)
Mohamed El-Erian, Chief Executive Officer and Co-Chief Investment Officer of PIMCO, today has resigned from his functions effective mid-March and will leave PIMCO at the same time.
PIMCO Hires Virginie Maisonneuve as Managing Director and Global Head of Equities Portfolio Management
PIMCO, a leading global investment management firm, has hired Virginie Maisonneuve as Managing Director, Global Head of Equities and Portfolio Manager. She joins PIMCO from Schroders Plc, where she most recently served as Head of Global and International (...)
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 (...)