Institutional Asset Manager Newsletter

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NEWSLETTER | 3 Mar 2020

Tue | 3 Mar 2020, 11:55

Total net assets of UCITS and AIFs grew by 3.3 per cent in Q4 to EUR17.7 trillion, bringing the annual growth figure to 16.8 per cent for 2019, according to the Quarterly Statistical Release from the European Fund and Asset Management Association (EFAMA).

Tue | 3 Mar 2020, 11:55

CPR Asset Management, the thematic equities arm of the largest European asset manager Amundi, has launched a fund dedicated to tackling social inequalities, adding to CPR AM’s EUR10 billion thematic equities range.

Tue | 3 Mar 2020, 11:55

Mubadala Investment Company (Mubadala) has joined Silver Lake and other investors including the Canada Pension Plan Investment Board, Magna International, and Andreessen Horowitz as part of a consortium to invest a total of USD2.25 billion in Waymo, a self-driving technology company owned by Alphabet, the parent company of Google.

Tue | 3 Mar 2020, 11:55

AssetMark Financial Holdings has completed its acquisition of OBS Financial, a USD2 billion-plus turnkey asset management platform and a subsidiary of Canandaigua National Corporation.

Tue | 3 Mar 2020, 11:55

Jersey’s financial services industry reported a strong end to 2019 with its funds sector seeing an annual 8 per cent increase in the value of assets it services to reach another record high, and the banking sector reporting the highest level of deposits in more than six years, according to the latest industry statistics.

Kempen boosts fiduciary team

Tue | 3 Mar 2020, 11:55

Kempen Capital Management (Kempen) has strengthened its UK fiduciary management team with the hire of Arif Saad as senior investment strategist.

Martin Currie hires Portfolio Manager

Tue | 3 Mar 2020, 11:55

Martin Currie, a Legg Mason affiliate and active equity specialist with USD17.2 billion of assets under management, has hired Yulia Hostede as a portfolio manager in its Global Long-Term Unconstrained Equity team.

Tue | 3 Mar 2020, 11:55

Leading independent fund and corporate services provider, the Aztec Group, has appointed Peter Martin as a non-executive director to the Group Board. Martin has extensive board-level experience across private and public companies.