Brevan Howard's London exit imminent
The hedge fund’s new Swiss office will house up to 50 staff.
Credit Suisse targets Deutsche's ETF spot
Credit Suisse plans to close the gap between its ETF business and that of its closest rival, Deutsche Bank, following the hire of industry heavyweight Dan Draper last week.
Tread carefully over rebates CESR tells Brussels
The Committee of European Securities Regulators has warned Brussels not to repeat the mistakes of the past when it reforms fund distribution.
Nikko launches game to find new recruits
Aspiring fund managers can put their investment skills to the test in an online game released by Nikko Asset Management.
'Sub advisory works' but brand can suffer: Investec
[Video 5:08]
Japan and the US primary focus for Investec's sub-advisory plans, explains distribution head Richard Garland. [Transcript]
Dumped Commerzbank team starts afresh
The fund of hedge funds team shut down by Commerzbank is setting up its own company.
BlackRock inherits major Santander, BBVA stakes
BlackRock's acquisition of Barclays Global Investors has given it major stakes in Santander and BBVA, Spain’s two largest banks.
Julius Baer inflows shrink, US exit blamed
Inflows at Swiss wealth manager Julius Baer fell markedly in the second half of 2009 in connection with Italy’s tax amnesty for offshore account holders and the firm’s plans to withdraw from the US.
Bankinter bets on Sony, Nokia, Enel, Coke
Spanish asset manager Bankinter Gestión de Activos has launched a guaranteed fund that invests in just four stocks.
Buoyant Azimut tops January sales chart
The independent Italian fund house continued where it left off in 2009, but Amundi had a tough first month.
Amundi doubles ETF assets
The French fund house was also the most prolific issuer of ETFs last year.
Ignites Europe People
Pictet shuffles senior partners
Ignis hires Nordic distribution head
Groupama names board chairman
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Jacques de Saussure is to succeed Ivan Pictet as Pictet & Cie’s senior managing partner on July 1. Marc Pictet and Bertrand Demole join the partnership
Ignis hires Nordic distribution head
Ignis Asset Management appoints Johan Rydqvist to cover the Nordic region.
Groupama names board chairman
Groupama Asset Management names Christian Collin as chairman of its board of directors.
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