Recherche
S'abonner
Connexion
Asset Management
Accueil Asset Management Actualités
17/10/2012

Schroders recrute chez BlackRock pour son activité multi-asset

Schroders vient de recruter Kevin Kneafsey en tant que conseiller senior pour l’activité Schroders Multi Asset Investment and Portfolio Solutions, représentant des encours de 60 milliards de dollars. Il vient de BlackRock où il était managing director et responsable de la recherche pour les solutions clients multi classes d’actifs (Multi-Asset Client Solutions ou BMACS).Kevin Kneafsey sera basé aux Etats-Unis et apportera son soutien à Nico Marais, responsable de l’investissement multi-classes d’actifs et des solutions de portefeuilles.
17/10/2012

La Fédération mondiale des Bourses modifie ses statuts

Lors de sa 52ème assemblée générale tenue à Taipei, la Fédération mondiale des Bourses ou World Federation of Exchanges (WFE) a adopté de nouveaux statuts qui transforment l’organisation, qui était un secrétariat, en une entreprise (corporate body). La WFE regroupe les présidents et les directeurs généraux d’une bonne cinquantaine de Bourses dans le monde.L’assemblée a élu président Andreas Preuss, CEO adjoint de Deutsche Börse et CEO d’Eurex. Le vice-président sera Thomas A. Kloet, CEO de TMX Group. La présidence du comité de travail sera Ravi Narain, managing director et CEO du National Stock Exchange of India. Ces personnalités ont été élues pour un mandat de deux ans.Les nouveaux statuts prévoient la création des postes de CEO et de COO. Hüseyin Erkan, qui avait été nommé secrétaire général en juin, deviendra CEO tandis que le secrétaire général adjoint, Peter Clifford prendra les fonctions de COO.
17/10/2012

Threadneedle nomme un responsable de la dette émergente

Threadneedle a annoncé la nomination du gérant senior John Peta au poste de directeur de l'équipe de la dette émergente, qu’il co-dirigera avec Henry Stipp. John Peta rejoint la société de gestion en provenance d’Acadian Asset Management, société de Boston, où il occupait un poste similaire. Threadneedle gère plus de 2,2 milliards d’euros sur la classe d’actifs de la dette émergente, précise un communiqué.
17/10/2012

Threadneedle appoints a head of emerging market debt

Threadneedle has announced the appointment of senior manager John Peta to lead the firm’s Emerging Market Debt team along with Henry Stipp. Peta joins the asset management firm from Boston-based Acadian Asset Management, where he was head of emerging market debt, having joined the firm in 2007. Threadneedle manages EUR2.2bn in emerging market debt, a statement says.
17/10/2012

Feri Trust recruits for its institutional asset management unit in Germany

Markus Fila, client relationship manager for Germany and Austria at Aviva Investors in Frankfurt, and previously institutional sales manager at Invesco Austria, is joining the German institutional client team at Feri Trust (MLP group). He will be responsible for developing business relationships with companies and pension funds, to which he will offer multi-asset class solutions, private equity, hedge funds, real estate investments, and overlay risk management.
17/10/2012

RREEF and Corpus Sireo sign partnership

For an initial period of five years, Corpus Sireo Asset Management Residential GmbH will cooperate with RREEF Spezial Invest GmbH, an institutional real estate fund management affiliate of the Deutsche Bank group. Concretely, the two firms have announced that Corpus Sireo (EUR15.9bn) will be the exclusive asset and sales manager from the residential property portfolio of the RREEF Property Pension Fund, a special investment fund aimed at institutional investors.The objective is to reach a volume of EUR500m, and the acquisition period is expected to be extended over three years. The portfolio of the fund will be allocated 50% to residential properties. Acquisitions will focus on properties with a minimal value of EUR5m.In early September, RREEF Real Estate (EUR47bn) acquired the office property Forum 52 in Issy-les-Moulineaux, near Paris, for EUR65m, from Henderson Global Investors. The 10,000 square metre property has been added to the portfolio of the open-ended real estate fund grundbesitz europa.
17/10/2012

Zurich hires a director of private banking from Credit Suisse

Fredrik Säfvenblad, director of PM Life Insurance for Liechtenstein and Ireland at Credit Suisse since June 2009, on 1 October joined the insurance firm Zurich in Germany as director of the private banking solutions unit. He will report to Marcus Nagel, a member of the board in charge of life insurance. His mission will be to offer private banks custom insurance solutions for their high net worth retail clients.
17/10/2012

DWS registers German Equities fund in Spain

The CNMV has issued a sales license for Spain to the DWS Invest German Equities fund from DWS Germany, Funds People reports. The fund, with 60 holdings, is managed by Tim Albrecht.
17/10/2012

Changes at the top at Crédit Agricole Switzerland

Pierre Masclet has been appointed as head of markets & investment solutions, and as a member of the executive committee at Crédit Agricole (Switzerland), finews.ch reports. Masclet, who will be responsible for extending the range of services offered by the firm in the area of wealth management, succeeds Frédéric Lamotte, who becomes CIO and member of the executive board at the holding company Crédit Agricole Private Banking, which controls the wealth management affiliates of the Crédit Agricole group. Lamotte will serve in his new role from Geneva.
17/10/2012

FundQuest reorganizes, creates Fundquest Advisor

FundQuest is preparing to announce a major change to its activities, with the creation of FundQuest Advisor. As Newsmanagers announced in late September, the new entity will become the new partner of BNP Paribas Investment Partners dedicated to advising services, including both fund and manager selection, as well as model portfolios. The funds previously managed by FundQuest will be transferred to the Global Balanced Solutions unit at BNPP IP, a specialist in multi-asset strategies and solutions. These new developments will strengthen the multi-asset capacities of BNPP IP, which now represent nearly USD50bn in assets under management. FundQuest Advisor, based in France, the United Kingdom and Singapore, has 28 professionals and covers more than 30 asset classes and nearly 400 selected funds. The structure will also have a support and sales team. Stéphane Pouchoulin has been appointed as CEO of the new entity. Pouchoulin, who joined FundQuest in 2009 as head of strategic development, had previously served as deputy director of Fundquest since 2010.
17/10/2012

State Street's US-GAAP profit rises

For Q3, State Street Corp declares a US-GAAP net income of USD654m vs USD480m in Q2 and USD543m for the corresponding period in 2011. But in operational, non-US GAAP terms, the company posted a USD473m profit, a decrease from USD494m in the April-June quarter and from USD476m in Q3, 2011. As of end-September, assets under custody & administration reached USD23,441bn, which is an increase of 4.5% over June, 30th and a yoy rise of 9%.AUM, meanwhile, reached USD2,065bn vs US1,908bn threee months earlier and USD1,855bn at September 30th, 2011.
17/10/2012

Three Swedes out of five invest in at least one fund

In Sweden, 77% of women and 75% of men have put money in an investment fund in addition to their required retirement plan, a study by the Swedish fund association, Fondbolagens Förening, finds. And children are not left out: slightly over 60% of them also have savings in an investment fund. The report analyses the differences between men and women in the area of investments. It finds that men are more inclined than women to take risks in the hopes of higher gains: 63%, compared with 46%. Men also invest more than women in funds dedicated to growth markets and Sweden funds, two types of product which have worked well in the past ten years. Nearly one in two women does not know what fund she chose. Lastly, ethical and environmental funds are more attractive to women than to men.
17/10/2012

Natixis GAM takes over McDonnell IM

For an undisclosed amount, Natixis Global Asset Management (NGAM, EUR560bn in assets as of the end of June) is acquiring the US asset management firm McDonnell Investment Management, a specialist in fixed income, whose assets totalled USD13.5bn as of 30 September.McDonnell, which has both retail and institutional clients, is planning to launch a municipal bond fund in early 2013, “which will come as an addition to the range of management expertise offered by NGAM.”As part of the multi-affiliate model established by NGAM, McDonnell will continue to develop its activities independently. It will continue to apply its investment process and to develop its own distribution channels. McDonnell will retain its brand name and its headquarters in the suburbs of Chicago (in Oak Brook, Illinois).
17/10/2012

Assets at Goldman Sachs up 3% in June-September

As of 30 September, assets under management at Goldman Sachs totalled USD856bn, which represents a 2% increase over the end of June (USD836bn), largely due to a market appreciaiton, and 4% over the USD821bn recorded one year previously, a quarterly report from the group announces.Revenues for the investment management division in third quarter, however, were down 2% over second quarter, at USD1.20bn, and 10% over June-September 2011.In annual terms, the contraction was the result of a decline in transaction revenues and a slight dip in commission revenues, which were partly offset by an increase in incentive fee revenues.Net profits at Goldman Sachs overall totalled USD1.51bn in June-September. That corresponds to USD2.85 per share, compared with USD1.78 in second quarter, and a loss of USD0.84 in the corresponding period of 2011.
17/10/2012

Schroders poaches an adviser from BlackRock for its multi-asset business

Schroders has hired Kevin Kneafsey as senior advisor to the Schroders Multi Asset Investment and Portfolio Solutions business (with AUM of c.USD60 billion). He was previously a managing director at Blackrock and the head of research for Multi-Asset Client Solutions (BMACS). Kevin Kneafsey will be based in the United States providing support to Nico Marais, head of Multi Asset Investment and Portfolio Solutions.
17/10/2012

JPMorgan moves to stem money market fund losses

JPMorgan Chase will create new shares in its two largest money market funds in euros, the Euro Liquid (EUR13bn) and the Government Liquidity (EUR4bn), which will allow investors to continue to use the fund even if interest rates are negative, the Financial Times reports. The move is intended to stop losses from money market funds, at a time when the European Central Bank has cut its deposit rate to zero.
17/10/2012

Ossiam soon to launch a new ETF

At a press conference on the subject of smart beta, Isabelle Bourcier, head of development at Ossiam, announced that the asset management firm is preparing to launch a new “minimum variance” ETF next week. The product, which will be listed on Euronext, among other markets, in Germany and Switzerland, will be exposed to a “developed countries” universe.
17/10/2012

Petercam SRI govies rankings: France flirts with downgrade

In the most recent edition of the sustainable development indices for OECD countries (excluding Israel), the Belgian asset management firm Petercam ranks Norway on top, dethroning Sweden, which falls to second place, followed by Switerland, which remains in third place. France is in an interesting position, as it has fallen from 12th place in the previous edition of the rankings (see Newsmanagers of 14 March) to 15th place, putting it on the lowest level of countries that are eligible for the sustainable development sovereign bond fund Petercam L Funds Gouvernement Sustainable. France’s ranking has, on the whole, deteriorated in relative terms. League table September 2012 Rank/Country/Score 1 Norway 79 2 Sweden 75 3 Switzerland 75 4 Finland 73 5 Iceland 72 6 Denmark 71 7 Germany 70 8 Austria 69 9 New Zealand 69 10 Netherlands 68 11 Luxembourg 66 12 Canada 65 13 Belgium 64 14 United Kingdom 64 15 France 64 16 Australia 64 17 Ireland 60 18 Slovenia 59 19 Spain 59 20 Japan 59 21 Portugal 59 22 Slovakia 58 23 Italy 58 24 Czech Republic 57 25 Estonia 53 26 Poland 53 27 Hungary 51 28 United States 51 29 Chile 49 30 Greece 48 31 Mexico 42 32 Turkey 40
17/10/2012

Fund managers may be rated by businesses they invest in

Investment Week relays reports in the Times that the Investor Stewardship Working Party is proposing that publicly-traded businesses should rate and rank fund managers who invest in their shares. They would be rated on their understanding of the business in which they invest, their ability to ask pertinent questions at meetings, their adequate preparation for meetings, and their punctuality.The rankings of mangers would then be distributed to businesses which issue shares as well as to investors.
17/10/2012

Partenariat entre RREEF et Corpus Sireo

Pour une période initiale de cinq ans, Corpus Sireo Asset Management Residential GmbH va coopérer avec RREEF Spezial Invest GmbH, filiale de gestion de fonds immobiliers institutionnels du groupe Deutsche Bank. Concrètement, ont annoncé les deux sociétés, Corpus Sireo (15,9 milliards d’euros ) sera le gérant exclusif des actifs et des cessions pour le portefeuille résidentiel du RREEF Property Pension Fund, un fonds d’investissement spécial destiné aux investisseurs institutionnels.L’objectif est d’atteindre un volume de 500 millions d’euros et la période d’acquisition devrait s'étendre sur trois ans. Le portefeuille du fonds sera alloué à hauteur de 50 % au résidentiel. Les achats se focaliseront sur des actifs d’une valeur minimale de 5 millions d’euros.A noter par ailleurs que, début septembre, RREEF Real Estate (47 milliards d’euros) a acheté pour 65 millions d’euros l’immeuble de bureaux Forum 52 à Issy-les-Moulineaux, près de Paris, auprès d’Henderson Global Investors. Cet actif de 10.000 mètres carrés est versé au portefeuille du fonds immobilier offert au public grundbeistz europa.
17/10/2012

Zurich recrute un dirigeant banque privée chez Credit Suisse

Fredrik Säfvenblad, director PM Life Insurance pour le Liechtenstein et l’Irlande chez Credit Suisse depuis juin 2009, a rejoint au 1er octobre les assurances Zurich en Allemagne comme directeur du pôle private banking solutions. Il est subordonné à Marcus Nagel, membre du directoire chargé de l’assurance vie. Sa mission consistera à proposer aux banques privées des solutions d’assurance sur mesure pour leur clientèle de particuliers haut de gamme.
17/10/2012

Feri Trust renforce son pôle institutionnel pour l'Allemagne

Client relationship manager pour l’Allemagne et l’Autriche chez Aviva Investors à Francfort, après avoir été institutional sales manager chez Invesco Autriche, Markus Fila rejoint l'équipe clientèle institutionnelle Allemagne de Feri Trust (groupe MLP). Il est chargé du développement des relations d’affaires avec les entreprises et les caisses de retraite d’entreprises auxquelles il proposera des solutions multiclasses d’actifs, de private equity, des hedge funds, des investissements immobiliers et une gestion du risque en «overlay».
17/10/2012

Mutations à la tête du Crédit Agricole Suisse

Pierre Masclet a été nommé head of markets & investment solutions ainsi que membre du comité exécutif de Crédit Agricole (Suisse), rapporte finews.ch. L’impétrant, qui sera chargé d'élargir la palette de services de l'établissement dans le domaine de la gestion de fortune, succède à Frédéric Lamotte. Ce dernier devient CIO et membre du comité exécutif du Holding Crédit Agricole Private Banking, l’entité qui coiffe les filiales de gestion de fortune du groupe Crédit Agricole. Frédéric Lamotte exercera ses nouvelles fonctions à partir de Genève.
17/10/2012

Eckard Cordes rejoint Cevian comme associé

Ancien membre du directoire de Daimler et ancien président du directoire de Metro, Eckard Cordes a rejoint le capital-investisseur activiste suédois Cevian comme associé, rapporte la Börsen-Zeitung. Il consacrera environ un tiers de son temps à cette nouvelle activité, car il a créé avec Christian Näther, ancien associé d’Apax, une société de capital-investissement qui lève actuellement son premier fonds.
16/10/2012

La production industrielle américaine a rebondi en septembre

D’après les statistiques de la Fed, la production industrielle aux Etats-Unis a signé au mois de septembre une hausse plus importante qu’attendu. Elle a progressé de 0,4% le mois dernier après avoir reculé de 1,4% en août (contre -1,2% en première estimation). La production manufacturière est ressortie en hausse de 0,2% sur le mois, après une baisse de 0,9% en août, et celle de l’industrie des services aux collectivités a affiché une hausse de 1,5% après avoir chuté de 4,3% en août.
16/10/2012

L’AFG souligne le rôle des gestions dans le financement de l’économie

Le troisième numéro des cahiers de la gestion réalisé par l’AFG met en lumière l’importance de la gestion d’actifs dans le financement de l’économie. Les gestions détiennent 45% des certificats de dépôts, 36% des billets de trésorerie, 25% des obligations corporate et 22% des obligations de l’Etat français. L’étude évoque par ailleurs un fort biais domestique : plus de 40% des titres de taux dans leurs portefeuilles sont émis en France (85% dans la zone euro).
16/10/2012

L’Allemagne se montrerait plus conciliante avec l'Espagne

Selon l’agence Bloomberg, qui cite des parlementaires allemands, Berlin ne s’opposerait pas à ce que le gouvernement espagnol sollicite une ligne de crédit de précaution auprès du Mécanisme européen de stabilité (MES). Les parlementaires allemands seraient amenés à ratifier toute demande d’aide. Ces rumeurs ont soutenu le moral des investisseurs, la Bourse de Madrid clôturant en hausse de 3,41%.

Sujets d'actualité

Tous les sujets