The TRADE

JANUARY 10, 2024

Impax Asset Management has entered into an agreement to acquire the corporate credit assets from fixed income manager Absalon Corporate Credit, part of Formuepleje Group. The post Impax Asset Management to acquire corporate credit business from partner firm Formuepleje Group appeared first on The TRADE.

Asset Management 98

Asset Management Corporation Management Business 98

The TRADE

JULY 15, 2024

Impax Asset Management Group has completed its acquisition of Absalon Corporate Credit’s fixed income assets. Specifically, the transaction will see Impax AM add Absalon’s global high yield and emerging market corporate debt strategies to its fixed income range. The existing fixed income team is based in the US.

Acquisitions 59

Acquisitions Asset Management Debt Management 59

The TRADE

SEPTEMBER 4, 2023

Union Investment’s Christoph Hock is set to step away from his role as head of multi-asset trading later this year to pursue an opportunity in digital assets and tokenisation within the asset management firm, as revealed by The TRADE. His new role is not yet public but will be communicated in due course.

Investment 115

Investment Equities Trading Asset Management 115

Razorpay

AUGUST 9, 2023

Huge corporations have investment banks. Portfolio Management Merchant banking companies provide portfolio management services to high -net-worth individuals and corporate investors. Regular individuals have retail banks. What do medium to big-sized businesses have? The answer: Merchant banks.

Banking 52

Banking Bank Business Underwriting 52

The TRADE

OCTOBER 26, 2023

UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. The move has opened up swathes of synergy opportunities for the pure fixed income asset manager, with its traders now working directly alongside RBC BlueBay Asset Management’s equities desk.

Trading 98

Trading Asset Management Management Electronics 98

The TRADE

JULY 24, 2023

Head of Europe for UK-based asset manager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture, The TRADE can reveal. I shall be taking up a more active role in a corporate development and investment advisory position, at an extraordinarily exciting time for the business.

Investment Manager 52

Investment Manager Management Investment Portfolio Management 52

The TRADE

NOVEMBER 27, 2023

State Street’s asset management business State Street Global Advisors (SSGA) named Dublin-based Ann Prendergast head of EMEA. She has been with State Street since 2000, beginning as a relationship manager. Following this appointment, Prendergast retains her position as chief executive of State Street Global Advisors Europe.

Equities 64

Equities Trading Electronics Investment Banking 64