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Federated Hermes’ head of Europe quits investment management after 35 years to pursue technology venture

The TRADE

According to an update on his social media, Rutherford is departing the investment management industry after 35 years to take on a more active role in Smartframe Technologies, a venture which he has been chairman of for six years. I love markets and investing with a passion, it has always given me purpose and drive.

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M&G Investments expands Asia Pacific footprint with new office in Taipei

The TRADE

M&G’s global asset management arm has secured a Securities Investment Consulting Enterprise (SICE) business license in Taiwan, allowing the firm to establish a new office in Taipei as part of its Asia expansion strategy. With our expertise and track record, we are well positioned to provide investment excellence.”

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LGIM expands presence in Asia with new Singapore office and key appointments

The TRADE

Legal & General Investment Management (LGIM) has expanded its footprint across Asia with the opening of its new Singapore office, the latest development in the firm’s growth strategy for the region. In addition, LGIM has expanded its distribution team following increased demand for the firm’s investment solutions.

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People Moves Monday: Weekly roundup

The TRADE

Prior to joining Invesco in 2016, Taitz spent two and a half years at RBC Capital Markets in a fixed income role and 10 and a half years at UBS Investment Bank as an executive vice president. Goldman Sachs veteran, Christopher Daur, left the investment bank to head up buy-side sales and relationships at AccessFintech.

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UK Government plans new one-stop-shop for research as it paves way for removing unbundling rules

The TRADE

Hogan Lovells lawyer Rachel Kent – who has led the UK’s Investment Research Review under the Edinburgh Reforms – today revealed he recommendations which includes paving the way for a new ‘Research Platform’ that will provide a one-stop-shop for firms looking for research experts.

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Avanza Fonder outsources trading to Northern Trust

The TRADE

Founded in 2006, Avanza Fonder is a wholly owned subsidiary of Avanza Bank Holding which provides services for private clients. The fund company manages funds in-house and in collaboration with other managers. ” The past year has seen multiple investment managers outsource their trading to Northern Trust.

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