The TRADE

JUNE 24, 2024

As part of the role, he helped enhance Barclays’ custom baskets business. Before joining MEAG, Malakis held senior sales positions with international asset managers, including Generali Insurance, Vanguard International and Schroders. as a fund manager for the passive and quantitative investment management department.

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JD Supra: Mergers

SEPTEMBER 4, 2024

August 01, 2024: SEAM Group, a B2B business products and services company that provides safety, reliability, maintenance, and enterprise asset management services in the hospitality, food processing, and pharmaceutical industries, was acquired by ABB for an undisclosed amount.

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The TRADE

FEBRUARY 28, 2024

The global head of capital markets at German asset manager DWS, Keshava Shastry, has left the business, according to two people with knowledge of the matter, The TRADE can reveal. Keshava Shastry Shastry, a managing director based in London, had been with the German firm for over ten years.

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Global Newswire by Notified: M&A

JANUARY 17, 2025

17, 2025 (GLOBE NEWSWIRE) -- Hitachi Rail has agreed to acquire the cutting-edge digital rail monitoring business Omnicom from Balfour Beatty. The acquisition marks a key strategic pillar for Hitachi Rails new digital asset management business, known as HMAX. LONDON, Jan.

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The TRADE

AUGUST 24, 2023

Perpetual Group has merged its existing regional asset management businesses to form one global division led by a newly created role of chief executive of asset management. The Group owns asset management bands including Perpetual, Pendal, Barrow Hanley, J O Hambro, Regnan, Trillium and TSW.

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The TRADE

MAY 7, 2024

As part of the role, Burke will be responsible for the development and execution of business strategy for the EM business in both hard currency and local markets. Burke will also hold responsibility for business and product management expansion of MarketAxess’ EM trading business across both geographies and products.

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The TRADE

FEBRUARY 10, 2025

Prior to that, she worked as global trading business manager. Further roles at Fidelity International include stints as fixed income trading business manager, senior fixed income change manager, and senior fixed income portfolio analyst.

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The TRADE

FEBRUARY 21, 2024

Ryan O’Connor has left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.

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The TRADE

JANUARY 26, 2024

Aleksandar Ivanovic UBS has chosen Aleksandar Ivanovic to succeed Suni Harford as president of asset management upon her departure, with the appointment effective from 1 March. Ivanovic joined UBS back in 1992 and has worked across every business division since.

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The TRADE

JUNE 27, 2024

State Street Global Advisors and Galaxy Asset Management have unveiled a new collaboration aimed at bringing investors digital asset-based strategies, offering key exposure to companies involved in the digital asset space. trillion digital asset landscape through manager-directed strategies. “We

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The TRADE

NOVEMBER 20, 2023

Umair Khan Marwat joined Millennium as a trader, following almost two and a half years at Balyasny Asset Management. Hong Kong-based Marwat previously worked at Credit Suisse, focused on AES, algorithmic, and direct market access (DMA) trading, before joining Balyasny Asset Management in 2021 as a trader.

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The TRADE

JUNE 1, 2023

The near-constant stream of mergers and acquisitions across both the sell- and buy-side appears to show no signs of abating as two asset management deals have been announced in the past 24 hours. The post Asset manager consolidation wave continues as two deals announced in 24 hours appeared first on The TRADE.

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The TRADE

JANUARY 10, 2025

MetLife Investment Management (MIM) has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent financial services firm. Nearly $6 billion of assets managed by the acquired team will transfer to MIM, under the terms of the transaction.

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The TRADE

JUNE 10, 2024

Alex Livingstone, formerly head of trading for ETFs and FX at Titan Asset Management, joined Titan Investment Solutions as a junior portfolio manager and trader. He will also be involved in the ongoing management of the Titan Hybrid Capital, Core Credit, and Short Duration IG income funds.

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The TRADE

SEPTEMBER 19, 2024

Oaktree Capital Management has agreed to acquire Close Brothers Asset Management (CBAM) – the wealth management arm of Close Brothers – for an equity value of up to £200 million, set to be completed in early 2025 pending customary regulatory approvals.

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The TRADE

OCTOBER 2, 2023

James Hilton was appointed multi-asset managing director in RBC’s low touch team, joining from Credit Suisse, where he had been serving as head of sales for EMEA for the bank’s advanced execution sales (AES) team. Balyasny Asset Management appointed Harrison Chesterton as associate director within its equity finance trading division.

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The TRADE

FEBRUARY 26, 2024

Ryan O’Connor left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.

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Financial Times - Banking

SEPTEMBER 26, 2024

US lender looks to win back business from asset managers that have targeted traditional banks’ most lucrative clients

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Global Banking & Finance

JUNE 8, 2023

M&G posts net asset management inflows in Q1 LONDON (Reuters) – M&G recorded 1 billion pounds ($1.25 billion) of net inflows into its wholesale asset management business in the first quarter, the British insurer said on Thursday, offsetting expected redemptions from institutional clients.

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MergersCorp M&A International

NOVEMBER 1, 2024

Valuing an asset management company (AMC) is a multifaceted endeavor that requires a nuanced approach. Asset management companies are integral players in the financial services sector, managing investments on behalf of clients, which can include individuals, institutions, and corporations.

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The TRADE

MAY 1, 2024

Some 83% of asset managers plan to change product strategy in the next two years, a new survey from Northern Trust has found, emphasising the need to cater to diverse investor needs. Technology appears to be at the heart of that change, with 77% planning to leverage new tech within the same timeframe.

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The TRADE

JULY 27, 2023

Bloomberg AIM and Bloomberg Vault have been adopted by India-based NJ Asset Management to help enable its enterprise-wide digital strategy across the entire investment workflow. According to the firms, Bloomberg AIM addresses NJ Asset Management’s specific needs for tools to support rule-based investment decision-making.

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The TRADE

AUGUST 29, 2023

The board of GAM Holding has announced that Liontrust Asset Management’s offer for the business has been unsuccesful and an agreement made with Rock Investment SAS and Newgame to finance the business’ liquidity needs. of GAM Holding.

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The TRADE

JUNE 6, 2023

Aviva Investors, Aviva’s global asset management business, has appointed Monica Fan-Bradley as head of institutional sales (excluding Asia Pacific) within its global client solutions function. She also serves as a member of eVestment’s asset manager board and the advisory council of The Diversity Project UK.

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The TRADE

NOVEMBER 13, 2023

Nasdaq European Markets selected Matteo Balladori, former head of European business development at Citadel Securities, to join the venue as a senior sales director, The TRADE revealed. The post People Moves Monday: Balyasny Asset Management, Nasdaq, Instinet and more… appeared first on The TRADE.

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Global Newswire by Notified: M&A

AUGUST 24, 2023

As per the report by Fortune Business Insights, the global media asset management market size is projected to reach USD 3.81 As per the report by Fortune Business Insights, the global media asset management market size is projected to reach USD 3.81 Billion by 2029, at a CAGR of 13.9%

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Global Newswire by Notified: M&A

AUGUST 3, 2023

As per the report by Fortune Business Insights, the global digital asset management market size is projected to reach USD 12.29 As per the report by Fortune Business Insights, the global digital asset management market size is projected to reach USD 12.29 billion by 2030, at a CAGR of 17.5%

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Financial Times - Banking

APRIL 15, 2024

Bank has tried to build a massive wealth and asset management business that brings in steady fees

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The Guardian: Mergers & Acquisitions

MAY 14, 2023

A consortium comprised of Macquarie Asset Management and British Columbia Investment Management Corporation completed the acquisition of 60% of the equity in National Grid’s gas transmission and meter business in January, in a deal which valued the business at £7.5bn. Continue reading.

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The TRADE

AUGUST 2, 2024

By joining forces with BNP Paribas, AXA IM would become a global asset manager with a wider product offering and a mutual objective to further their leading position in responsible investing.” billion for AXA Investment Managers in trillion-dollar asset management JV appeared first on The TRADE.

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American Banker - Investment Banking

JANUARY 16, 2024

Now it's refocusing on growing its tried-and-true businesses of dealmaking and asset management. The Wall Street giant did a lot of backtracking last year, abandoning its plans to become a bank for everyone.

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The TRADE

APRIL 5, 2024

Kepler Cheuvreux subsidiary Ellipsis Asset Management has moved to expand its capabilities in the convertible bond segment with the acquisition of Rothschild & Co’s business. As part of the deal two Rothschild portfolio managers – Cristina Jarrin and Mikael Dauvert – will move to Ellipsis AM.

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The TRADE

JULY 7, 2023

Generali has entered a definitive agreement to acquire US-based Conning from Cathay Life in a deal that will see it become one of the largest asset management firms in Europe. Earlier this year, UK asset manager Liontrust also entered into a conditional agreement to acquire Swiss asset management company, GAM Holding for £96 million.

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The TRADE

JUNE 7, 2023

Linedata’s 2023 global asset management survey has found the main focus globally is on future cost saving and automation. In the UK specifically, the top two short-term priorities were the same; however, here cost-cutting initiatives (54%) was top, closely followed by “deeper automation to drive business results” (49%).

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Global Banking & Finance

SEPTEMBER 19, 2024

His journey, from a graduate of leading French business school ESSEC, to the youngest associate to ever be hired by the renowned Goldman Sachs at the age of 21, reflects not […] Nicolas Sarkis, the founder of AlphaOne Partners, is one example of a self-made entrepreneur on the intricate path of life in the investment field.

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The TRADE

NOVEMBER 14, 2023

As asset managers continue to look for ways to fully capitalise on data, a new SIX report has found that almost half view data velocity as the key challenge in enabling analytics to drive growth. These individuals work across financial institutions, asset managers, wealth managers, investment banks, and asset servicers.

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The TRADE

JULY 13, 2023

The US move to T+1 settlement was passed through in a bid to increase the efficiency of market operations, however an Acuiti report has stated that 53% of asset managers believe that the move will not make US equities more attractive. European authorities are preparing EMIR 3.0

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