DWS Group today announces two changes to its Executive Board.
Mark Cullen will become Chief Operating Officer and Dirk Goergen will become Head of EMEA Coverage. Both will become members of the DWS Executive Board. Jon Eilbeck and Thorsten Michalik will leave the company. All changes have received regulatory sign-off and will take (...)
BNP Paribas Asset Management appoints Corinne Massuyeau as Global Head of Client Services
BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Corinne Massuyeau as Global Head of Client Services. Corinne is based in Paris and reports to Sandro Pierri, Global Head of Client Group.
BNP Paribas Asset Management expands its ESG commitment through appointment of Head of Stewardship for the Americas
BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Adam Kanzer as Head of Stewardship, Americas, within its Sustainability Centre. Based in New York, Adam joined on 19 October and reports to Helena Viñes Fiestas, BNPP AM’s Global Head of Sustainability (...)
Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces the appointment of Susan Schmidt as Head of US Equities, expanding its geographical footprint in the asset class after nine hires to its UK, Global and Emerging Market equities teams in (...)
Unigestion strengthens cross-asset solutions team with two manager hires
Unigestion, the boutique asset manager with the scale to deliver tailor-made investment solutions to clients globally, has further strengthened its cross-asset solutions team with the recent appointments of Salman Baig and Joshua Seager as investment (...)
The California Public Employees’ Retirement System’s (CalPERS) today approved a new five-year strategic plan for its Real Assets asset class. The new plan for the asset class, which includes the Real Estate, Infrastructure, and Forestland programs, largely continues the (...)
Fitch: High Yield ETF Volumes Hitting New Highs in More Volatile Markets
High yield (HY) corporate bond ETFs are continuing to gain favor among HY investors, according to Fitch Ratings. This likely reflects investors’ liquidity preferences during a period of elevated HY market volatility and falling bond prices during 2015 and the beginning of (...)
German life insurers hope for respite as investment yields scrape floor
With no sign of a tightening in European monetary policy, low investment yields will continue to put pressure on German life insurers, many of whom sold overgenerous life policies even as signs were emerging that the European economy was entering a prolonged period of (...)
State Street Agrees to Acquire GE Asset Management
The transaction is expected to increase SSGA’s assets under management by approximately $100 billion upon closing and add new alternatives capabilities, while strengthening existing fundamental equity and active fixed income (...)
Nomura to establish permanent presence in South Africa
Nomura, Asia’s global investment bank, announces it has appointed Jan Newman and Ben Lowther, previously of Newman Lowther & Associates, to lead its newly-established branch office and team in South Africa.